Alacer Gold declares special dividend

About this update from Allied Strategic Resources Corp

[{"type":"text","content":"\n\n\n\n\n\nTORONTO, April 10, 2013 /CNW/ - Alacer Gold Corp. (\"Alacer\") [TSX: ASR and ASX: AQG] announced today that its Board of Directors has declared a special cash\n dividend of US$0.24 per share (approximately US$70 million) payable on\n April 30, 2013 (Toronto time) to shareholders of record at the close of\n business on April 19, 2013 in connection with the sale of Alacer's 49%\n interest in the Frog's Leg Mine.\n\n\nThe dividend payment applies to holders of Alacer's common shares, which\n trade on the Toronto Stock Exchange under the symbol ASR, and to\n holders of its CHESS depository instruments (\"CDIs\"), which trade on\n the Australian Securities Exchange under the symbol AQG. Each CDI\n confers a beneficial interest in one common share. Therefore, CDI\n holders are entitled to a dividend calculated on the same basis as the\n holders of Alacer's common shares.\n\n\nAlacer sought and has been granted a temporary waiver of certain of the\n ASX Settlement Operating Rules. Under the authority of the waiver, the\n processing of conversions of common shares to CDIs, or CDIs to common\n shares, lodged on or after April 15, 2013, will be deferred until after\n the record date of April 19, 2013.\n\n\nThe key dates with respect to the dividend are as follows:\n\nLast date for processing requests to convert CDIs into\ncommon shares and to convert common shares into CDIs\nbefore the record date for the dividend\n\n\n \n\n\nApril 12, 2013\n\n \n \n \n\nCDIs trade on the ASX on an ex-dividend basis\n\n\n \n\n\nApril 15, 2013\n\n \n \n \n\nCommon shares trade on the TSX on an ex-dividend basis\n\n\n \n\n\nApril 17, 2013\n\n \n \n \n\nRecord date for the dividend\n\n\n \n\n\nApril 19, 2013\n\n \n \n \n\nProcessing recommences for requests to convert CDIs into\ncommon shares and to convert common shares into CDIs\n\n\n \n\n\nApril 22, 2013\n\n \n \n \n\nCommon share dividend payment date\n\n\n \n\n\nApril 30, 2013 (in Canada)\n\n \n \n \n\nPayment of dividend to CDI holders\n\n\n \n\n\nMay 1, 2013 (in Australia)\n\n\n\n\n\nThe dates set out above are based on the directors' current expectations\n and may be subject to change. If any of the dates should change, the\n revised dates will be announced by press...

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