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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ZNext Mining Corporation Inc (CE) | USOTC:ZNXT | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 0.00 | 01:00:00 |
In consideration of the acquisition of ZNXT Mining by AZHA Mining, its new BOD and Management team had offered to distribute AZHA Stocks similar to a profit sharing in the form of Dividends to all ZNEXT Mining Common Stocks Shareholders on the record date of April 20, 2009.
The 50 ZNXT: 75 AZHA Dividend Ratio to explain further, that for every 50 ZNXT Common Shares bought and held by shareholders on April 20, 2009, shareholders will receive a TOTAL of 75 AZHA Mining Common Shares broken into: 25 Un-Restricted (Free Trading) and 50 Restricted AZHA Common Shares.
-- Example: If a shareholder holds 1,000 ZNXT Common shares on April 20th record date, the factor of 20 (1,000 / 50 = 20) to receive a 500 Un- Restricted (25 X 20 = 500) and 1,000 Restricted (50 X 20 = 1,000) AZHA COMMON SHARES; -- Thus, the ZNXT Common Stock Shareholder of record will receive a total of 1,500 AZHA Mining Common Shares (500 Un-Restricted and 1,000 Restricted) for the 1,000 held on the record date; -- This is in addition to the 1,000 ZNXT Common Shares already held by this shareholder. This 1,000 ZNXT Common Shares will be converted automatically to AZHA Common shares; This shareholder will end up having a total of 2,500 AZHA Common Shares of which 1,500 are Un-Restricted or Free Trading and 1,000 are Restricted Common Shares; -- The shareholder(s) not holding shares in certificate forms in their names will not have to do anything because their banks and brokerages as members of the DTC (Depository Trust Company) will distribute those shares to their corresponding clients' accounts; -- The Dividend Distributions to commence on April 21, 2009 after the record date will be sent directly to their corresponding banks & brokerages; -- Shareholder(s) still holding their ZNXT Common shares in certificate form should send to the TA - Transfer Agent of the company in exchange of their existing old ZNXT Common shares for the equivalent new AZHA Mining shares including the Dividends; -- A FEE is being incurred for those dealing in physical stock certificates that is charged by the TA to process the exchange and distribution. Please contact TA-First Public Securities Transfer Corp. (310) 770-6689 or email: firstpublicsecurities@hotmail.com for all other inquiries on the exchange and receipt of AZHA Common Shares. -- This is a mandatory exchange eliminating all ZNXT stock certificates for AZHA Mining certificates; -- The PREFERRED Shares of ZNext Mining (OTC Preferred: ZNXPP) will not be affected by these actions and remain the same and tradable as is.
ABOUT THE COMPANY
AZHA Mining Corporation, Inc is a mining company engaged in the exploration, development and commercialization of new and underdeveloped mine sites. The company focuses primarily in the mining and production of gold, silver and other precious metals. AZHA Mining was assigned the 100% interest of the twelve (12) mining claims in British Columbia, Canada. Additionally, was assigned 100% of the PEARL's Mineral Production Sharing Agreement (MPSA) application, registration that was filed in Region V since 2004; that includes all of PEARL's gold mining exploration, development and production.
FORWARD-LOOKING STATEMENTS
Forward-looking statements in this release include statements regarding the Company's projections regarding gold, silver and precious metals explorations, extractions and productions in future periods. Penny Stocks are highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Investor Relations: Dennis Bravs Phone: 888-498-0001 E-mail: Email Contact www.AZHAMining.com
1 Year ZNext Mining (CE) Chart |
1 Month ZNext Mining (CE) Chart |
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