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

Rhea-AI Summary

Gear Energy Ltd. (GXE) confirms the payment of the January 2024 monthly dividend of $0.005 per common share on January 31, 2024, to shareholders of record on January 15, 2024. The dividend is designated as an 'eligible dividend' for Canadian income tax purposes.

Calgary, Alberta--(Newsfile Corp. - January 2, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the January 2024 monthly dividend of $0.005 per common share is to be paid on January 31, 2024, to shareholders of record on January 15, 2024.

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/192029

FAQ

When is Gear Energy Ltd. (GXE) paying the January 2024 monthly dividend?

Gear Energy Ltd. (GXE) is paying the January 2024 monthly dividend on January 31, 2024.

What is the amount of the January 2024 monthly dividend for Gear Energy Ltd. (GXE)?

The amount of the January 2024 monthly dividend for Gear Energy Ltd. (GXE) is $0.005 per common share.

Is the January 2024 monthly dividend of Gear Energy Ltd. (GXE) designated as an eligible dividend for Canadian income tax purposes?

Yes, the January 2024 monthly dividend of Gear Energy Ltd. (GXE) is designated as an 'eligible dividend' for Canadian income tax purposes.