Asia Broadband (OTC: AABB) has announced approval of a new stock dividend, offering 1 dividend share for every 35 shares owned, totaling over 100 million restricted shares to be distributed. The company is finalizing the record date and distribution details with its transfer agent, with further information expected next week. Additionally, AABB confirmed that all previously submitted dividend shares will have their restrictions lifted immediately. This initiative aims to reward loyal shareholders for their support of the company's gold mining and digital assets operations.
Asia Broadband (OTC: AABB) ha annunciato l'approvazione di un nuovo dividendo azionario, offrendo 1 azione di dividendo ogni 35 azioni possedute, per un totale di oltre 100 milioni di azioni vincolate da distribuire. La societ脿 sta finalizzando la data di registrazione e i dettagli della distribuzione con il proprio agente di trasferimento, con ulteriori informazioni previste per la prossima settimana. Inoltre, AABB ha confermato che tutte le azioni di dividendo precedentemente emesse avranno immediatamente revocate le restrizioni. Questa iniziativa mira a premiare gli azionisti fedeli per il loro sostegno alle attivit脿 di estrazione dell'oro e agli asset digitali della societ脿.
Asia Broadband (OTC: AABB) ha anunciado la aprobaci贸n de un nuevo dividendo en acciones, ofreciendo 1 acci贸n de dividendo por cada 35 acciones que se posean, sumando m谩s de 100 millones de acciones restringidas a distribuir. La empresa est谩 finalizando la fecha de registro y los detalles de la distribuci贸n con su agente de transferencia, con m谩s informaci贸n esperada para la pr贸xima semana. Adem谩s, AABB confirm贸 que todas las acciones de dividendo previamente entregadas tendr谩n sus restricciones levantadas de inmediato. Esta iniciativa busca recompensar a los accionistas leales por su apoyo a las operaciones de miner铆a de oro y activos digitales de la compa帽铆a.
Asia Broadband (OTC : AABB) a annonc茅 l'approbation d'un nouveau dividende en actions, offrant 1 action de dividende pour 35 actions d茅tenues, totalisant plus de 100 millions d'actions restreintes 脿 distribuer. La soci茅t茅 finalise la date d'enregistrement et les d茅tails de distribution avec son agent de transfert, des informations suppl茅mentaires 茅tant attendues la semaine prochaine. De plus, AABB a confirm茅 que toutes les actions de dividendes pr茅c茅demment 茅mises verront leurs restrictions lev茅es imm茅diatement. Cette initiative vise 脿 r茅compenser les actionnaires fid猫les pour leur soutien aux op茅rations d'extraction d'or et aux actifs num茅riques de la soci茅t茅.
Asia Broadband (OTC: AABB) hat die Genehmigung einer neuen Aktiendividende bekannt gegeben, bei der f眉r jeweils 35 gehaltene Aktien 1 Dividendenaktie ausgegeben wird, insgesamt 眉ber 100 Millionen eingeschr盲nkte Aktien zur Verteilung. Das Unternehmen finalisiert derzeit das Stichtagsdatum und die Verteilungsdetails mit seinem Transferagenten, weitere Informationen werden n盲chste Woche erwartet. Zus盲tzlich best盲tigte AABB, dass alle zuvor eingereichten Dividendenaktien sofort von ihren Beschr盲nkungen befreit werden. Diese Initiative soll treue Aktion盲re f眉r ihre Unterst眉tzung der Goldbergbau- und digitalen Verm枚genswerte des Unternehmens belohnen.
Positive
New stock dividend approved at a ratio of 1:35 shares
Distribution of over 100 million shares to reward shareholders
Immediate removal of restrictions on past dividend shares
Shows company's commitment to shareholder value
Negative
Potential dilution of existing shareholders' stakes
Exact record date and distribution details not yet finalized
Restricted nature of dividend shares may limit immediate trading
LAS VEGAS, June 04, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (鈥淎ABB鈥� or the 鈥淐ompany鈥�) announced today that the Company鈥檚 management and Board of Directors have approved a new stock dividend. The common share dividend will be distributed on the basis of 1 dividend share for every 35 shares owned representing over 100 million restricted shares to be distributed. AABB management is currently finalizing the imminent dividend record date and the distribution details with its transfer agent. Further details of the dividend will be announced next week.
Additionally, the Company has confirmed with its transfer agent that all past dividend shares submitted will be released immediately of any restrictions.
AABB continues to advance the corporate initiative to reward its loyal shareholder base for their continued support and interest in sharing the success and growth of the Company鈥檚 gold mining and digital assets operations.
About Asia Broadband
Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production of precious metals and the accumulation of physical gold holdings. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate the expansion of precious metals property holdings and production in Mexico. The Company's industry and business integration in Mexico and its asset diversification are unique strengths of AABB that differentiate it from other companies and creates distinctive value for shareholders. Additionally, the Company has a digital assets business segment with its AABBG mine-to-token gold-backed cryptocurrency within its own proprietary AABB Wallet and the unique Golden Baboons Mining Club and Shorts Rascal Club Non-Fungible Token (NFT) collections. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand based price appreciation. These are unique and outstanding qualities relative to other cryptocurrencies and digital asset developers.
Forward-Looking Statements听are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.鈥檚 (the 鈥淐ompany鈥�) expected current beliefs about the Company鈥檚 business, which are subject to uncertainty and change. The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change.
FAQ
What is the dividend ratio for AABB's new stock dividend?
Asia Broadband (AABB) will distribute 1 dividend share for every 35 shares owned by shareholders.
How many shares will be distributed in AABB's stock dividend?
The company will distribute over 100 million restricted shares as part of the stock dividend.
When is the record date for AABB's stock dividend?
The exact record date is currently being finalized with the transfer agent and will be announced next week.
What happens to AABB's past dividend shares?
All previously submitted dividend shares will have their restrictions released immediately.
Why is AABB issuing a stock dividend?
The dividend is part of AABB's initiative to reward loyal shareholders for their support of the company's gold mining and digital assets operations.
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