TORONTO, Jun 24, 2010 — Atlantic Wind & Solar Inc. (PINKSHEETS: AWSL) is pleased to confirm that the record and payment dates for the non-transferable dividend will officially proceed as planned.
As previously announced, AWSL shareholders of record on July 6th, 2010 will receive one Restricted Non-Transferable Common share for every four shares held.
The Dividend will be paid on September 9th, 2010. Shareholders of Record who hold their shares in certificate form will receive their shares by mail. Shareholders who hold their shares in a brokerage account will receive their shares automatically through their broker.
AWSL issued a previous dividend in October 2009 which was paid in Jan 2010. These shares remain restricted until the company becomes fully SEC reporting or a registration statement becomes effective. However, holders of these previous dividend shares will qualify to receive the new dividend on these shares as well as on any non-restricted shares that are held.
