LAS VEGAS, Sept. 2, 2014 /CNW/ - Bakken Energy Corp formerly Orofino Gold Corp. ( OTC: ORFG) is pleased to announce that approval has been received for its new name, Bakken Energy Corp., and has been assigned a new stock Symbol. The new stock symbol will be BKEN. The new stock symbol will take effect on September 3, 2014.
The Company has also received approval for the company's restricted stock dividend, with FINRA having announced the dividend on their website last week. Shareholders who are eligible can now receive their dividend at Island Stock Transfer Agent.
Michael James CEO of Bakken stated, "We are pleased that FINRA has accepted our new name, Stock Dividend and symbol change to BKEN. We would like to thank all of our shareholders for their patience regarding these administrative actions. Now that this is completed we can focus all of our attention to new acquisitions for the company."
The restricted stock dividend is 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. Each shareholder had to hold their shares, or buy shares of ORFG stock on or before the shareholder of record date of April 15, 2014 to be eligible to receive their dividend. Shareholders of record as of April 15, 2014 are entitled to receive the dividend shares.
To pick up your dividend please call Island Stock Transfer. There will be a $100.00 processing fee to Island Stock Transfer for certificate and for courier service to deliver the dividend stock. The transfer Agent will have a list of all shareholders who are eligible and the amount of stock they are to receive.
Island Stock Transfer Agent
15500 Roosevelt Boulevard
Clearwater, FL 33760
Forward-Looking Statements: 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 press release.
SOURCE: Bakken Energy Corp.
For further information: Investor Contact: Zachary R. Logan & Drew S. Phillips, T: 858.886.7237 | 858.886.7238, E: [email protected]