If you are not the registered SH at that time then you won't get any of those shares.
What is meant by me of this statement is that when/if the news is released that a shareholder will get, say 1 share of Canada Chrome for every say, 10 of KWG, this will be of a certain date. They don't always let you know when so you might not have shares.They usualy word it such as
KWG has formed a subsiduary, Debut Diamonds Inc, into which it has placed its interest in the MacFadyen, Pele, Diagnos, Wawa and Unifom diamond properties. On December 17, 2008, DDI became a reporting issuer in Ontario and has a pending application to have its shares listed for trading on the Canadian National Stock Exchange (CNSX). KWG intends to deliver its DDI's common shares pro rata to the KWG shareholders concurrent with a financing transaction in order to expand the drilling program adjacent to the DeBeers' Victor mine. For further information please refer to DDI's website.
Freewest Resources Announces Distribution of Quest Uranium Shares to Freewest Shareholders
- Quest Uranium Files Final Prospectus for Rights Offering
- TSX Venture Exchange conditionally approves listing of Quest Uranium common shares
Montreal, Quebec, Canada, November 30, 2007 - Freewest Resources Canada Inc. (FWR: TSX-V) and Quest Uranium Corporation (QUC: TSX-V) announce that the Board of Directors of Freewest has given final approval for the distribution by Freewest to its shareholders of an aggregate of approximately 6,256,000 common shares of Quest Uranium currently held by Freewest.
Freewest will distribute approximately 6,256,000 Quest Uranium common shares to Freewest´s shareholders. Each Freewest shareholder of record at the close of business on December 10, 2007 will receive one common share of Quest Uranium for every 25 common shares of Freewest held. No fractional common shares will be distributed in connection with the distribution and shareholders of Freewest will not receive any payment in lieu of fractional shares to which they would otherwise be entitled. After the distribution, Freewest will hold approximately 3,744,000 common shares of Quest Uranium.
Freewest´s registered shareholders will receive share certificates representing their Quest Uranium shares by mail shortly after the December 10, 2007 record date. Freewest´s beneficial shareholders should contact their securities dealers regarding their Quest Uranium shares.
