Business
Pure Energy Announces Approval of Dividend Reinvestment Plan
TSX - PSV CALGARY, May 15, 2012 /CNW/ - Pure Energy Services Ltd. ("Pure" or the "Cor...
About this update from Hayasa Metals Inc.
[{"type":"text","content":"\n\n\n\n\n\nTSX - PSV\n\n\nCALGARY, May 15, 2012 /CNW/ - Pure Energy Services Ltd. (\"Pure\" or the\n \"Corporation\") announced today that its Board of Directors has approved\n a Dividend Reinvestment Plan (the \"DRIP\") for the Corporation's\n Canadian resident shareholders (\"Eligible Shareholders\").  The DRIP\n will commence with the previously announced August 15, 2012 dividend.\n\n\nThe DRIP allows Eligible Shareholders to direct cash dividends paid on\n all or a portion of their common shares of Pure (\"Common Shares\") be\n reinvested in additional Common Shares which will be issued at 95\n percent of the volume weighted average trading price of the Common\n Shares on the Toronto Stock Exchange during the last five trading days\n ending at the conclusion of the second trading day immediately\n preceding the relevant dividend payment date.\n\n\nTo participate in the DRIP, registered Eligible Shareholders must\n deliver a properly completed enrolment form to Olympia Trust Company\n (\"Olympia\") (in its capacity as plan agent under the DRIP), as directed\n under the DRIP, by not later than 4:30 p.m. (Calgary time) on the\n business day immediately preceding a dividend record date in order for\n the cash dividend to which such record date relates to be reinvested\n under the DRIP.\n\n\nBeneficial Eligible Shareholders (owners of Common Shares that are held\n through a nominee) who wish to participate in the DRIP should contact\n the broker, investment dealer, financial institution or other nominee\n who holds their Common Shares to inquire about the applicable enrolment\n deadline and to request enrolment in the DRIP.\n\n\nCopies of the DRIP and the enrolment form are available on Olympia's\n website at www.olympiatrust.com or by calling Olympia at (403) 261-0900, and on the Corporation's\n website at www.pure-energy.ca under the heading \"Investor Relations - Dividend Reinvestment Plan\". \n Shareholders are urged to carefully read the complete text of the DRIP\n before making any decisions regarding their participation in the DRIP.\n\n\nNo commissions, service charges or brokerage fees will be payable by\n DRIP participants in connection with their purchase of Common Shares\n from treasury. However, beneficial Eligible Shareholders who wish to\n participate in the DRIP through the broker, investment dealer,\n f...