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Lone Oak Acquisition Corporation Announces Record And Payment Dates For Special Dividend

WANCHAI, Hong Kong, April 3, 2013 /PRNewswire/ -- Lone Oak Acquisition Corporation (OTC Bulletin Board: LOKAF) (the "Company") previously announced that its Board of Directors had authorized a special dividend of $0.10 per outstanding ordinary share issued in its initial public offering (the "Special Dividend").  The Company today announces that the record date for the Special Dividend will be April 15, 2013 and that the payment date will be April 25, 2013.

Safe Harbor

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded or followed by or that otherwise include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," "plans," and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Forward-looking statements in this release also include statements about business and economic trends. Investors should also consider the areas of risk described under the heading "Forward Looking Statements" and those factors captioned as "Risk Factors" in the Company's periodic reports under the Securities Exchange Act of 1934, as amended, or in connection with any forward-looking statements that may be made by the Company.

The Company also disclaims any duty to comment upon or correct information that may be contained in reports published by the investment community.

SOURCE Lone Oak Acquisition Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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