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

Rhea-AI Summary

Gear Energy Ltd. confirms that the November 2023 monthly dividend of $0.005 per common share will be paid on November 30, 2023, to shareholders of record on November 15, 2023. The dividend is designated as an 'eligible dividend' for Canadian income tax purposes.

Calgary, Alberta--(Newsfile Corp. - November 1, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the November 2023 monthly dividend of $0.005 per common share is to be paid on November 30, 2023, to shareholders of record on November 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/185780

FAQ

What is the dividend amount per common share for November 2023?

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

When will the dividend be paid?

The dividend will be paid on November 30, 2023.

Who are the shareholders eligible to receive the dividend?

Shareholders of record on November 15, 2023, are eligible to receive the dividend.

What is the tax designation of the dividend?

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

How can I contact Gear Energy Ltd. for further information?

You can contact Ingram Gillmore, President & CEO, at 403-538-8463 or David Hwang, Vice President Finance & CFO, at 403-538-8437. You can also email them at info@gearenergy.com or visit their website at www.gearenergy.com.

Where can I find the source version of this press release?

You can find the source version of this press release at https://www.newsfilecorp.com/release/185780.