Welcome to our dedicated page for Houston Nat Res news (Ticker: HNRC), a resource for investors and traders seeking the latest updates and insights on Houston Nat Res stock.
Houston Natural Resources Corp (HNRC) operates at the nexus of traditional energy production and strategic mining for energy transition materials. This dedicated news hub provides investors and industry observers with centralized access to official corporate communications, including press releases, regulatory filings, and operational updates.
Track HNRC's dual-focused strategy through verified updates on oil & gas developments via Cunningham Energy LLC and progress in critical mineral mining initiatives. The repository includes earnings reports, acquisition announcements, partnership details, and strategic repositioning efforts through Worldwide Diversified Holdings.
All content undergoes strict verification against original SEC filings and company-issued materials. Users benefit from chronological organization of developments across HNRC's core segments: hydrocarbon production, rare earth metal exploration, and portfolio optimization through minority stakes in energy ventures.
Bookmark this page for streamlined monitoring of HNRC's operational milestones in conventional energy assets and emerging mining projects. Check regularly for authoritative updates on resource development strategies and corporate governance matters.
Houston Natural Resources Corp. (OTC: HNRC) announced the completion of a FINRA review for a spin-off dividend, set to reward shareholders. Shareholders of record on April 28, 2023, will receive one share of Worldwide Diversified Holdings, Inc. (WDHI) for every two shares of HNRC. This equates to a dividend of $1.75 per HNRC share, with the anticipated initial trading price of WDHI shares at $3.50. The payment date for the dividend is set for May 26, 2023. The spin-off aims to separate the company's non-energy assets, with a total value of $53,307,324 transferred to WDHI. The new CUSIP for WDHI shares has been issued, and the transfer agent will facilitate the process. This transaction is characterized as non-taxable and will not affect HNRC's existing business operations.
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