Chai-Na-Ta Corp. Declares Stock Dividend.LANGLEY Lang·ley , Mount A peak, 4,227.9 m (14,026 ft) high, in the Sierra Nevada of southern California. lang·ley n. pl. , BRITISH COLUMBIA--(BUSINESS WIRE)--April 28, 1997-- CHAI-NA-TA (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). CC., NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on CCCFF.) The Directors of Chai-Na-Ta Corp. (the "Company") are pleased to announce that the Company is issuing a stock dividend of two and one-half shares for each one hundred (100) shares owned on the record date. The record date for the stock dividend will be May 8, 1997 and the dividend will be payable on May 22, 1997. Fractions of shares will not be issued. Chai-Na-Ta Corp., through its subsidiaries, is the world leader in the cultivation cultivation, tilling or manipulation of the soil, done primarily to eliminate weeds that compete with crops for water and nutrients. Cultivation may be used in crusted soils to increase soil aeration and infiltration of water; it may also be used to move soil to or of ginseng ginseng (jĭn`sĕng), common name for the Araliaceae, a family of tropical herbs, shrubs, and trees that are often prickly and sometimes grow as climbing forms. root and a worldwide marketer of ginseng value-added products. CONTACT: Chai-Na-Ta Corp. G.A. (Gerry) Gill, 604/ 533-8883 604/533-8891 (FAX) 1-800-406-7668 Pam Jensen, 604/ 533-8883 604/533-8891 (FAX) 1-800-406-7668 or Barretto Pacific Corp. Landon Barretto, 206/583-8370 206/292-2965 (FAX) |
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