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Blue Note Mining Inc. Declares Dividend-In-Kind of Shares of GeoVenCap Inc.
(From Canada Newswire)
Byline: Lauren Boyer
MONTREAL, July 16, 2012 /CNW Telbec/ - Blue Note Mining Inc. (TSXV: BNT) ("Blue Note" or the "Corporation") announces that all resolutions relating to board membership, appointment of auditors, share option plan, and capital reduction regarding the shares of GeoVenCap Inc. (TSXV: GOV), were passed by a large majority of the votes cast at the annual general and special meeting of the Corporation's shareholders held on June 28, 2012. Leon Methot, David Crevier and John Anderson were elected as directors.
Consequently, the board of directors has declared a dividend-in-kind (the "Dividend") of 3,973,219 common shares held by it in the capital of GeoVenCap Inc. (the "GeoVenCap Shares"). The Corporation intends …
