Etrion Announces Return of Capital Following Sale of Assets
August 5, 2021, Geneva, Switzerland – Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX) is pleased to announce that further to the recent completion of the sale of substantially all of the Company’s assets, the Company’s board of directors has declared an initial distribution to shareholders of US$0.327 per common share. The distribution will be made as a return of capital to shareholders of record at the close of business on August 17, 2021, and the capital of the common shares will be reduced accordingly. The distribution on shares traded on the Toronto Stock
Mannheim (Germany), August 5, 2021 – More than 200 people lost their lives in the flood disaster in July 2021 in Germany, countless houses were washed out, swept away by the floods or severely damaged. The clean-up and reconstruction will take years - all the more important now that the affected families are helped quickly and unbureaucratically. The RKW Group has joined forces with its partners to deliver urgently needed materials to the affected regions."A disaster like this flood can only be overcome through a joint effort," says Harald Biederbick, CEO of the RKW Group. "Now more than
