Fortitude Gold Declares June 2024 Monthly Dividend

Rhea-AI Summary

Fortitude Gold (OTCQB: FTCO) has announced its June 2024 monthly dividend of $0.04 per common share.

The dividend will be payable on June 28, 2024, to shareholders recorded by June 20, 2024.

Fortitude Gold operates in Nevada, U.S.A., focusing on gold production, development, and exploration, offering investors exposure to gold yields and dividends.

Dividend amounts and consistency may vary or be discontinued based on factors like operational cash flows, development strategies, construction, gold and silver prices, taxation, and market conditions.

Positive

• Fortitude Gold declared a $0.04 per share dividend for June 2024.
• Dividend payout date is June 28, 2024.
• Shareholders of record by June 20, 2024, will receive the dividend.
• The company provides exposure to gold production and dividend yield.
• Operations are based in Nevada, a region with significant gold mining activities.

Negative

• Dividend payments may vary or be discontinued at the Board's discretion.
• Operational cash flows and development requirements could impact dividend amounts.
• Fluctuations in gold and silver prices may affect dividend sustainability.
• General market conditions and taxation policies could negatively impact dividends.

COLORADO SPRINGS, CO / ACCESSWIRE / June 6, 2024 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") declares its monthly dividend of $0.04 per common share payable on June 28, 2024 to shareholders of record as of June 20, 2024. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and dividend yield.

Dividends may vary in amount and consistency or be discontinued at the Board of Directors' discretion depending on variables including but not limited to operational cash flows, Company development requirements and strategies, construction, spot gold and silver prices, taxation, general market conditions and other factors described in the Company's public filings with the U.S. Securities and Exchange Commission.

About Fortitude Gold Corp.:

Fortitude Gold is a U.S. based gold producer targeting projects with low operating costs, high margins, and strong returns on capital. The Company's strategy is to grow organically, remain debt-free and distribute substantial dividends. The Company's Nevada Mining Unit consists of seven high-grade gold properties located in the Walker Lane Mineral Belt and an eighth high-grade gold property in west central Nevada. The Isabella Pearl gold mine, located on the Isabella Pearl mineralized trend, is currently in production. Nevada, U.S.A. is among the world's premier mining friendly jurisdictions.

Cautionary Statements: This press release contains forward-looking statements that involve risks and uncertainties. If you are risk-averse you should NOT buy shares in Fortitude Gold Corp. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "plan", "target", "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material are forward-looking statements. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release.

Contact:

Greg Patterson
719-717-9825
greg.patterson@fortitudegold.com
www.Fortitudegold.com

SOURCE: Fortitude Gold Corporation

View the original press release on accesswire.com

FAQ

What is the FTCO dividend for June 2024?

Fortitude Gold declared a $0.04 per common share dividend for June 2024.

When is the FTCO June 2024 dividend payout date?

The payout date is June 28, 2024.

Who is eligible to receive the FTCO June 2024 dividend?

Shareholders recorded by June 20, 2024, are eligible to receive the dividend.

Where does Fortitude Gold operate?

Fortitude Gold operates in Nevada, U.S.A.

Can FTCO dividends vary or be discontinued?

Yes, dividends may vary or be discontinued based on several factors, including cash flows and market conditions.