Canton Industrial Corp. Declares Dividend.SALT LAKE CITY--(BUSINESS WIRE)--March 21, 1996--The Canton Industrial Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CICP CICP Centre for International Crime Prevention (United Nations Office for Drug Control and Crime Prevention) CICP Colorado Indigent Care Program CICP Consortium for International Crop Protection ; Boston Exchange:CND CND Campaign for Nuclear Disarmament CND n abbr (= Campaign for Nuclear Disarmament) → plataforma pro desarme nuclear CND (Brit) n abbr (= ) today declared an additional dividend in the form of common stock Canton owns in Zahav Inc. and Cyber Information Inc. The dividend rate shall be one share of common stock in both Zahav and Cyber Information for every 100 shares of Canton common stock owned by each shareholder. The record date has been established as April 23, 1996. Dividends will be distributed to qualified shareholders where permitted by federal and state law. Canton has valued this dividend at $0.02 per share of its common stock. Canton, on March 4, 1996, declared similar dividends in common stock it owns in Oasis Hotel, Resort & Casino I Inc. and Oasis Hotel, Resort & Casino II Inc. to qualified shareholders as of March 27, 1996. Canton anticipates declaring similar dividends on a regular quarterly basis to all qualified shareholders. Canton has valued this dividend at $0.02 per share of its common stock. Through its subsidiaries, Canton helps entities restructure their capital formation, arrange and negotiate mergers and acquisitions, effect divestitures, assist in raising capital through public offerings and private placements, settle litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , effect stock and asset purchase agreements and provide public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most support. Canton is also actively involved in the acquisition and development of under-valued real estate. -0- Note to Editors: For more information, contact: Investor Relations Investor relations The process by which the corporation communicates with its investors. Department, 800/574-4179. CONTACT: Canton Industrial Corp., Salt Lake City Investor Relations Department, 800/574-4179 |
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