Pine Cliff Energy Ltd. press release
Pine Cliff Energy Ltd. Announces Debt Free Status and Confirms Monthly Dividend for July 29, 2022
TSX - Toronto Stock Exchange · Canada
Calgary, Alberta--(Newsfile Corp. - July 4, 2022) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces that it has repaid in full, all term debt and insider debt as of June 30, 2022. Pine Cliff is one of the first Canadian public oil and gas producers to be debt free.
Pine Cliff also confirms that a monthly dividend of $0.0083 per common share is to be paid July 29, 2022 to shareholders of record on July 15, 2022. The ex-dividend date is July 14, 2022. This monthly cash dividend is designated as an eligible dividend for Canadian income tax purposes.
About Pine Cliff
Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value. Further information relating to Pine Cliff may be found on www.sedar.comas well as on Pine Cliff's website at www.pinecliffenergy.com
For further information, please contact:
Philip B. Hodge - President and CEO Alan MacDonald -CFO and Corporate Secretary Telephone: (403) 269-2289 Fax: (403) 265-7488 Email: info@pinecliffenergy.com
The TSX does not accept responsibility for the accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/129952
Earlier from Pine Cliff Energy Ltd.
- Pine Cliff Energy Ltd. Announces Results of Shareholders' Meeting and Annual Stock Option Grant
- Pine Cliff Energy Ltd. Announces Record Quarterly Results, Declaration of Monthly Dividend, Debt Repayment and Operational Update
- Pine Cliff Energy Ltd. Announces Record Annual Results and Filing of 2021 Disclosure Documents