Tocvan Ventures distribution of Cascade Copper shares
2023-06-08 15:26 ET – Dividend Declared
CSE bulletin 2023-0613
The five million common shares that Tocvan Ventures Corp. previously received from the sale of the Rogers Creek property to Cascade Copper Corp. on April 22, 2022, will be paid to Tocvan shareholders as an in specie dividend in the form of Cascade common shares.
Tocvan’s board of directors has set a record date of May 31, 2023, for the dividend. The in specie dividend is scheduled to be paid to all Tocvan shareholders who are registered shareholders on the record date.
Eligible Tocvan shareholders will receive one Cascade common share for every 7.9852 Tocvan shares they hold at the close of business on the record date. Tocvan shareholders will be entitled to a whole number of Cascade common shares, with any entitlement to a fraction of a Cascade common share being rounded down to the nearest whole share. The dividend is expected to be issued in June.
For further information please see the issuer’s news release.
Symbol: TOC
Ex distribution date: May 30, 2023
Record date: May 31 2023
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