Gear Energy Ltd. Confirms Monthly Dividend for December of $0.005 per Share

Rhea-AI Summary

Gear Energy Ltd. (GXE) confirms the December 2023 monthly dividend of $0.005 per common share to be paid on December 29, 2023, to shareholders of record on December 15, 2023. The dividend is designated as an 'eligible dividend' for Canadian income tax purposes.

Calgary, Alberta--(Newsfile Corp. - December 1, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the December 2023 monthly dividend of $0.005 per common share is to be paid on December 29, 2023, to shareholders of record on December 15, 2023.

The dividend is designated as an "eligible dividend" for Canadian income tax purposes.

FOR FURTHER INFORMATION PLEASE CONTACT:

Ingram Gillmore
President & CEO
403-538-8463

David Hwang
Vice President Finance & CFO
403-538-8437

Email: info@gearenergy.com
Website: www.gearenergy.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/188963

FAQ

When is Gear Energy Ltd. (GXE) paying the December 2023 monthly dividend?

The December 2023 monthly dividend of $0.005 per common share is to be paid on December 29, 2023.

What is the dividend amount for Gear Energy Ltd. (GXE) in December 2023?

The dividend amount is $0.005 per common share for December 2023.

Is the dividend 'eligible' for Canadian income tax purposes for Gear Energy Ltd. (GXE) in December 2023?

Yes, the dividend is designated as an 'eligible dividend' for Canadian income tax purposes.