AKT press release
AKITA Declares Dividend
TSX - Toronto Stock Exchange · Oil · Natural Gas · Potash · Hydrogen · Canada
CALGARY, May 5 /CNW/ - AKITA Drilling Ltd.'s Board of Directors approved the payment of a quarterly dividend to shareholders.
AKITA Drilling Ltd.'s Board of Directors approved an ordinary cash dividend of seven cents ($0.07) per share on the Outstanding Class A Non-Voting and Class B Common shares of the Corporation for payment on July 2, 2008 to shareholders of record at the close of business June 18, 2008. This dividend is an eligible dividend for Canadian Income Tax Purposes.
AKITA is an Alberta corporation engaged in the contract drilling business and is listed on the Toronto Stock Exchange under the symbol AKT.
DIVIDEND/DISTRIBUTION DECLARATION FORM
Date of Declaration May 5, 2008 Company AKITA Drilling Ltd. Type of Security on which Dividend/ AKT-A Distribution declared AKT-B Amount of Dividend/per share (if stock Seven Cents dividend or foreign funds, give details) $0.07 Payable Date July 2, 2008 Record Date June 18, 2008 (TSE sets Ex-Dividend Date) Contact Phone No. Murray Roth 403-292-7979
%SEDAR: 00002868E