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Eligible Calista Shareholders Could Receive $325 In Pandemic Relief

The Calista Corporation's headquarters in Anchorage. Calista CEO Andrew Guy and former board chair Wayne Don both plan to testify at a hearing on June 4, 2018.
Teresa Cotsirilos
/
KYUK

Calista Corporation shareholders will soon be able to apply for funds to cover financial harm caused by the pandemic.

In a statement, Calista said that the corporation expects to issue an application in October for shareholders to apply for the funding. Each of Calista’s 34,000 shareholders could be eligible for $325. Under federal regulation, the funds must be spent on direct pandemic relief. Shareholders of any age who are U.S. citizens can apply.

The Calista Corporation received $12.2 million in CARES Act Tribal Relief funds. The corporation is allocating $11.4 million to shareholder financial relief. It is dedicating $10,000 of the funds to donating 3,300 pounds of salmon to Yukon River families. The remaining funds will help cover the cost of the shareholder assistance program.

Anna Rose MacArthur served as KYUK's News Director from 2015-2022.
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