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HTC Purenergy Inc
Symbol HTC
Shares Issued 202,833,741
Close 2021-10-05 C$ 0.055
Recent Sedar Documents

HTC Purenergy to pay special dividend in kind Jan. 10

2021-10-18 13:35 ET - News Release

Mr. Jeff Allison reports

HTC ANNOUNCES ISSUANCE OF DIVIDEND-IN-KIND SHARES OF DELTA CLEANTECH INC.

Further to HTC Purenergy Inc.'s press release dated Aug. 6, 2021, the company will issue a special dividend in kind of 12 million common shares of Delta CleanTech Inc. held by HTC to its holders of record of common shares of HTC as of the close of business on Aug. 13, 2021.

The board of directors has determined, in the best interest of HTC shareholders and the corporation, to pay the dividend to the holders of HTC shares on or before Jan. 10, 2022.

The Delta shares distributed under the dividend are subject to a pooling arrangement restricting the trading of the Delta shares. It is anticipated that upon the dividend payment, 40 per cent of the Delta shares will be free trading, with the remaining Delta shares becoming free trading in 20-per-cent increments on Feb. 19, 2022, May 19, 2022, and Aug. 19, 2022, respectively.

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