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

Rhea-AI Summary

Gear Energy Ltd. (GENGF) declares a monthly dividend of $0.005 per common share, payable on March 29, 2024, to shareholders of record on March 15, 2024. The dividend is classified as an 'eligible dividend' for Canadian income tax purposes.

Calgary, Alberta--(Newsfile Corp. - March 4, 2024) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") confirms that the March 2024 monthly dividend of $0.005 per common share is to be paid on March 29, 2024, to shareholders of record on March 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/200309

FAQ

What is the amount of the monthly dividend declared by Gear Energy Ltd. (GENGF)?

Gear Energy Ltd. (GENGF) has declared a monthly dividend of $0.005 per common share.

When will the dividend be paid to shareholders of Gear Energy Ltd. (GENGF)?

The dividend will be paid on March 29, 2024, to shareholders of record on March 15, 2024.

How is the dividend classified for Canadian income tax purposes for Gear Energy Ltd. (GENGF)?

The dividend is designated as an 'eligible dividend' for Canadian income tax purposes for Gear Energy Ltd. (GENGF).