LAKE ARROWHEAD, Calif.,
June 3, 2014 /PRNewswire/ -- Rock
Ridge Resources, Inc. (OTC:RRRI) conducted a special meeting of the
Board of Directors where they declared a 3% stock dividend
distribution, payable on July 1, 2014. The Record date is
scheduled for June 19th,
2014 making the Ex-Dividend date June
17th, 2014. This 3% stock distribution
follows RRRI's exceptional first quarter earnings report.
Recently, the Company announced its first quarter earnings of
2014, where RRRI generated $3,190,000
in gross revenue with $2,038,000 in
net revenue. This was more than double its entire annual net
revenue from the previous year ending 2013, which was $808,000.
Company President, KC Hollmer, stated, "Our accelerated revenue
growth in the first quarter makes it possible for our Company to
award its shareholders with this 3% stock dividend
distribution. Our goal is to continue to increase and return
shareholder value through further company growth and expansion in
2014."
Rock Ridge Resources is a development stage Natural Resource
Company. The company is also engaged in profitable real estate
holdings, and substance abuse recovery services through its
subsidiary Serenity Lodge, its
operator of the facility. Rock Ridge Resources holds a
California State Alcohol and Drug Rehabilitation license, and
provides treatment to men,18-years and older, in a luxury mountain
setting in Lake Arrowhead,
California.
For more information on Rock Ridge Resources, Inc. and
Serenity Lodge, Inc., please visit
our websites at: www.RockRidgeResourcesinc.com and
www.serenitylodgelakearrowhead.com.
Legal Notice Regarding Forward-Looking Statements:
This press release contains forward-looking information within
the meaning of section 27A of the Securities Act of 1933 and
section 21E of the Securities Exchange Act of 1934 and is subject
to the safe harbor created by those sections. This material
contains statements about expected future events and/or financial
results that are forward-looking in a nature and subject to risks
and uncertainties. Such forward-looking statements by
definition involve risks, uncertainties and other factors, which
may cause the actual results, performance or achievements of Rock
Ridge Resources, Inc. to be materially different from the
statements made herein. Except for any obligation under the
U.S. federal securities laws, Rock Ridge Resources, Inc. undertakes
no obligation to publicly update any forward-looking statement as a
result of new information, future events or otherwise.
SOURCE Rock Ridge Resources, Inc.