Granada Gold Mine announces Dividend Dates

About this update from Granada Gold Mine Inc.

[{"type":"text","content":"\n\n\n\nGranada Gold Mine announces Dividend Dates\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nROUYN-NORANDA, QC, Feb. 10, 2017\n\n\n\nROUYN-NORANDA, QC, Feb. 10, 2017 /CNW/ - Granada Gold Mine  Inc. (TSX-V: GGM) (OTCPK: GBBFF) (Frankfurt: B6D) (the \"Company\" or \"Granada\") is pleased to announce that its Board of Directors has approved a stock dividend with the second annual distribution of 2,500,000 Castle Silver Resources Inc. (\"Castle\") units payable on February 27, 2017, to its shareholders on a pro rata basis with a record date of February 22, 2017.\n\nEach unit is comprised of one common share in the capital of Castle and one common share purchase warrant, with each warrant entitling the holder to acquire one common share of Castle on or before September 15, 2017 at an exercise price of $0.10 per common share.  \n\nThe distribution of the Castle units to the Company's shareholders of record will be distributed on a pro rata basis in accordance with the following terms:\n\n\nThe 2,500,000 Castle units will be distributed on February 27, 2017. \nThe ex-dividend date will be February 17, 2017 - from this date and forward, new shareholders will not receive the dividend. \nThe holder-of-record date will be February 22, 2017 – the date on which the shareholders who are to receive the dividend are recognized. \nFor stock distributions to occur on subsequent distribution dates in 2018 and 2019, separate ex-dividend and holder-of-record dates will be established in each of those years.\n \n\nAbout Granada Gold Mine Inc.\n\nGranada Gold Mine Inc. (formerly Gold Bullion Development Corp.) is developing the Granada Gold Property near Rouyn-Noranda, Quebec. The property includes the former Granada gold mine which produced more than 50,000 ounces of gold in the 1930s with an average grade of 0.28 ounce per ton (9.6 grams per tonne) before a fire destroyed the surface buildings. The highly prolific Cadillac Trend cuts through the north part of the property. The Cadillac Trend has been the source of more than 50 million ounces of ...

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