Enterra Corp (ETER)

[miltonjayro]

the company has declared a stock dividend to all stockholders and set the record date for stock dividends to be 5pm EDT, April 28th, 2012.

WILMINGTON, Del., March 23, 2012 /PRNewswire/ -- Auric Mining Company (OTC: AUMY.PK - News) announced today that, pursuant to a special meeting of the Board of Directors held on March 20th, 2012, the company has declared a stock dividend to all stockholders and set the record date for stock dividends to be 5pm EDT, April 28th, 2012.

In anticipation of new growth opportunities and as a loyalty benefit to all shareholders, the Board of AUMY has voted to pay all shareholders on record a 3% stock dividend. 3 new Auric Mining shares will be issued for every 100 owned.

The Ex-Dividend Date will be set at April 28, 2012. For the purpose of clarity, the standard Ex-Dividend Date rules will apply. If a stockholder buys a dividend paying stock one day before the Ex-Dividend Date, you will still qualify for the Stock Dividend. However, if you buy on the published date of the Ex-Dividend, in this case April 28, 2012, the shares won't be eligible for the Stock Dividend. Conversely, if you want to sell a stock and still receive the dividend that has been declared, you need to sell on (or after) the Ex-Dividend Day.

The date of payment for the stock dividends to all qualifying shareholders will be no later than one month after the Record Date. New share certificates will be mailed directly to all shareholders of record by the Company's Transfer Agent. In the interim, we advise all stockholders to contact their brokers to ensure their mailing information is updated and correct in order that stock certificates arrive at their proper destination.

The Company anticipates additional announcements upon the completion of agreements for new growth opportunities currently in negotiation.

http://finance.yahoo.com/news/auric-mining-declares-stock-dividend-123000845.html