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Article: North Star Diamonds Inc. announces completion of first spinoff, second spinoff announced.
- Article from:
- PR Newswire
- Article date:
- December 22, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BELLINGHAM, WA, Dec. 22 /PRNewswire-FirstCall/ -- North Star Diamonds, Inc. (Pink Sheets: NSDM) North Star Diamonds Inc. wishes to announce to the shareholders that the shares of North Star Strategic Minerals, Inc. have been delivered to the DTC (Depository Trust Corporation) and are in the process of being distributed, beginning on Tuesday.
North Star Diamonds Inc. also wishes to announce the second spinoff, North Star & Zale, Inc. The record date has been set for January 5, 2007 at 5:00 p.m. Pacific Standard Time with the payment date scheduled for January 19, 2007. The shares will be issued on a basis of 5 North Star Diamonds Inc. shares for one share of ...