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Gold/Mining/Energy : Perihelion Canada

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From: shortsinthesand7/15/2007 4:56:24 AM
   of 23
 
Is this the new stock board that PHGI share holders are going to receive the new dividend in?

biz.yahoo.com

Perihelion Global Announces Ex-Dividend Date for Dividend and Plan of Arrangement of Canadian Subsidiary
Tuesday June 26, 1:57 pm ET

SANTA ROSA BEACH, FL and WILMINGTON, DE--(MARKET WIRE)--Jun 26, 2007 -- Perihelion Global, Inc. (Other OTC:PHGI.PK - News), a development company with interests in natural resources, alternative energies, and advanced communications, is pleased to announce the ex-dividend date for the Canadian subsidiary.
Management of Perihelion Global has set the ex-dividend date as July 3rd, 2007. The date of payment will be July 31, 2007.

The company is working with its legal counsel and will be making a Plan of Arrangement to insure that shares in the Canadian subsidiary are Free Trading for any investors of record. Officials at the Canadian Stock Exchange CNQ (www.cnq.ca) have confirmed that a Plan of Arrangement will make all dividend shares free trading.

About Perihelion Global:

Perihelion Global focuses on the acquisition, development and management of technologies and strategic commodity reserves in the energy, natural resource and advanced communications markets. Perihelion's management team specializes in providing solutions for the strategic challenges of the 21st Century in environments that are mission critical in the global marketplace. For more information, visit: www.perihelion.com.

Caution Regarding Forward-Looking Statements

This press release contains historical information as well as forward-looking statements that are based upon our estimates and anticipation of future events that are subject to certain risks and uncertainties that could cause actual results to vary materially from the expected results described in the forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "hopeful," "intend," "may," "optimistic," "preliminary," "project," "should," "will," and similar expressions are intended to identify these forward-looking statements. There are numerous important factors that could cause our actual results to differ materially from those in the forward-looking statements. Thus, sentences and phrases that we use to convey our view of future events and trends are expressly designated as Forward-Looking Statements as are sections of this news release clearly identified as giving our outlook on future business.

These forward-looking statements are subject to significant risks, assumptions and uncertainties, including, among other things, the following important factors that could affect the actual outcome of future events:
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