ST. ALBERT, AB, Nov. 7, 2014 /CNW/ - Roadking Travel Centres Inc. (the "Corporation") (NEX RKG.H) today announces a cash distribution (the "Distribution") of $0.0395 per issued and outstanding common share of the Corporation will be made to Shareholders of record at the close of business on November 18, 2014.
The Distribution represents and initial distribution of property in connection with its pending dissolution, which was approved at the Corporation's Annual General and Special Meeting of Shareholders held on September 26, 2014, as further described in the news release made by the Corporation on September 26, 2014.
The Corporation has appointed Computershare Investor Services Inc. ("Computershare") as its payment agent to make all distributions to Shareholders in connection with the Corporation's dissolution. The Distribution is expected to be paid on or about November 25, 2014.
For additional information, please see the Corporation's Notice of Annual General and Special Meeting and Information Circular dated August 22, 2014, which may be viewed under the Corporation's profile on www.sedar.com.
Certain information set forth in this news release, including the expected timing for distributions, may contain forward-looking statements, and necessarily involve risks and uncertainties, certain of which are beyond Corporation's. Actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any events anticipated by the forward-looking statements will transpire when anticipated.
When relying on forward looking statements to make decisions, readers are cautioned not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results and do not take into other items announced or occurring after the statements are made. All forward-looking information in this press release speaks as of the date of this press release.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Roadking Travel Centres Inc.
For further information: Mr. Greg Spicer, President, CEO and Interim CFO, Roadking Travel Centres Inc., Telephone: (780)419-2222, e-mail: [email protected]