Canton Industrial makes announcement.SALT LAKE CITY--(BUSINESS WIRE)--March 14, 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 )(BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). :CND CND Campaign for Nuclear Disarmament CND n abbr (= Campaign for Nuclear Disarmament) → plataforma pro desarme nuclear CND (Brit) n abbr (= ) March 4, 1996, declared a dividend in the form of common stock Canton owns in Oasis Hotel, Resort & Casino I Inc. and Oasis Hotel, Resort & Casino II Inc. The dividend rate shall be one share of common stock in both Oasis Hotel, Resort & Casino, I Inc. and Oasis Hotel, Resort & Casino II Inc. for every 100 shares of Canton common stock. The record date has been established as March 27, 1996. Dividends will be distributed to qualified shareholders where permitted by federal and state law. 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 support. Canton is also actively involved in the acquisition and development of under-valued real estate. CONTACT: Canton Industrial Corp., Salt Lake City Investor Relations, 800/574-4179 |
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