LAS VEGAS, July 31, 2013 /CNW/ - Orofino Gold Corp. (PINK OTC: ORFG)
("Orofino Gold" or the "Company") is pleased to announce that the board
of directors have approved a restricted stock dividend to all
shareholders of record as of September 15, 2013.
The restricted stock dividend will be paid in the following manner. For
every 10 shares that a shareholder owns of ORFG they will be paid 1
additional share of restricted stock of ORFG stock. Each shareholder
has to hold their shares of ORFG stock through the shareholder of
record date of September 15, 2013 to be eligible to receive their
For example if a shareholder is holding 500,000 shares of ORFG common
shares through September 15, 2013 then that shareholder will receive an
additional 50,000 shares of ORFG restricted stock. The transfer agent
will determine through DTCC (Depository Trust Company) the and
shareholders of record who is eligible to receive the dividend after
September 15, 2013. The company will give information after the
shareholder of record date as to how to receive your dividend from
Island Stock Transfer Agent.
The company is paying this dividend as a thank you to all shareholders
who have stayed with the company long term. The company is working on
several exciting developments and is focused on increasing its assets
and revenue base to increase shareholder value. This dividend is the
first step in this process.
These statements are not guarantees of future performance and involve
certain risks and uncertainties that are difficult to predict. Actual
results could vary materially from the description contained herein due
to many risk factors that affect the industry the Company operates in
and other risk factors listed from time to time in the Company's
Securities and Exchange Commission (SEC) filings under "risk factors"
and elsewhere. The forward-looking statements contained in this press
release speak only as of the date on which they are made, and the
Company does not undertake any obligation to update any forward-looking
statement to reflect events or circumstances after the date of this
SOURCE: Orofino Gold Corp.
For further information:
Orofino Gold Corp. - Las Vegas, Nevada.
9550 South Eastern Ave., Ste. 253, Las Vegas, NV 89123