Littlefield Corporation (LTFD) Message Board

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Non-Tech : Littlefield Corporation (LTFD)

LTFD 0.170

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Sep 29 11:29 AM EST

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To: Texas77 who wrote (10310)	3/30/2006 4:04:23 PM
From: WR61499	of 10368

Littlefield Corporation Announces Stock Dividend Thursday March 30, 3:44 pm ET AUSTIN, Texas--(BUSINESS WIRE)--March 30, 2006--Littlefield Corporation (OTCBB:LTFD - News) announces that it will pay a twenty percent (20%) stock dividend on 10 May 2006 to shareholders of record on 5 April 2006. All fractional shares will be rounded up. The distribution of additional shares will be made through the Company's transfer agent. Jeffrey L. Minch, President and Chief Executive Officer of Littlefield Corporation, offered the following comments: "We believe that the payment of a stock dividend, at this time, will improve liquidity and trading volume as the Company's operations continue to accelerate; and, that it will create additional shareholder value as our performance becomes more predictable and certain. This action should not be construed as setting a precedent for future stock dividends nor should it be construed as a one time action."

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