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Global Alumina Announces Distribution to Shareholders
Edited by : AL CIRCLE
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Global Alumina Corporation, announced today that it has settled all of its debts and provided for all of its obligations and has forwarded US$31,021,884.60 of the remaining proceeds relating to the sale of the Guinean refinery project to Computershare Trust Company of Canada, its transfer agent, for distribution to shareholders. The Proceeds represent approximately US$0.169 per share, based upon 183,331,495 shares issued and outstanding, and is at the upper end of the range discussed in the management information circular of the Company dated May 31, 2013.
The Proceeds will be distributed by Computershare as a return of capital to registered shareholders of record as of July 12, 2013. Non-registered shareholders holding shares beneficially through a broker or dealer should contact their broker or dealer regarding receipt of funds.
The Proceeds will be distributed by Computershare as a return of capital to registered shareholders of record as of July 12, 2013. Non-registered shareholders holding shares beneficially through a broker or dealer should contact their broker or dealer regarding receipt of funds.
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