Earth Dragon Resources, Inc. (EARH) to Issue 3:1 Stock Dividend

By @ibtimes on

Today after the closing bell, Earth Dragon Resources, Inc. announced that its Board of Directors have approved a 3:1 stock dividend of the Company’s common stock following the results of an encouraging fiscal 3rd quarter. Shareholders of EARH stock on the closing date of April 8th are entitled to the dividend payment. The Company has set a payable date of April 15th, 2011.

Earth Dragon Resources, Inc. is an exploration stage company focused on acquiring, exploring and developing mining properties. Currently, the company is developing gold deposits in the Ashanti Gold Belt in Ghana and the Lupa Goldfield in Tanzania. Earth Dragon has significant international potential due to the robust demand from the gold market.

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