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Pine Cliff Energy Ltd. Declares Monthly Dividend for January 31, 2025

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Pine Cliff Energy (TSX: PNE, OTCQX: PIFYF) has announced its regular monthly dividend declaration of $0.005 per common share for January 2025. The dividend will be paid on January 31, 2025, to shareholders of record as of January 15, 2025. The company has indicated that this dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice.

Pine Cliff Energy (TSX: PNE, OTCQX: PIFYF) ha annunciato la dichiarazione del suo dividendo mensile regolare di 0,005 $ per azione comune per gennaio 2025. Il dividendo sarà pagato il 31 gennaio 2025, agli azionisti registrati entro il 15 gennaio 2025. L'azienda ha indicato che questo dividendo e i future dividendi sono previsti come dividendi non idonei ai fini fiscali canadesi fino a nuovo avviso.

Pine Cliff Energy (TSX: PNE, OTCQX: PIFYF) ha anunciado la declaración de su dividendo mensual regular de $0.005 por acción común para enero de 2025. El dividendo se pagará el 31 de enero de 2025 a los accionistas registrados a partir del 15 de enero de 2025. La compañía ha indicado que este dividendo y los futuros dividendos se espera que se consideren dividendo no elegible para propósitos fiscales canadienses hasta nuevo aviso.

파인 클리프 에너지 (TSX: PNE, OTCQX: PIFYF)는 2025년 1월을 위한 주당 0.005달러의 정기 월 배당금 선언을 발표했습니다. 배당금은 2025년 1월 31일에 2025년 1월 15일 기준으로 주주에게 지급될 예정입니다. 이 회사는 이 배당금과 향후 배당금이 추가 공지가 있을 때까지 캐나다 소득세 목적상 비적격 배당금으로 간주될 것이라고 밝혔습니다.

Pine Cliff Energy (TSX: PNE, OTCQX: PIFYF) a annoncé la déclaration de son dividende mensuel régulier de 0,005 $ par action ordinaire pour janvier 2025. Le dividende sera payé le 31 janvier 2025 aux actionnaires inscrits au 15 janvier 2025. La société a indiqué que ce dividende et les futurs dividendes devraient être considérés comme des dividendes non admissibles aux fins de l'impôt sur le revenu canadien jusqu'à nouvel ordre.

Pine Cliff Energy (TSX: PNE, OTCQX: PIFYF) hat die Erklärung seiner regulären monatlichen Dividende von 0,005 $ pro Stammaktie für Januar 2025 angekündigt. Die Dividende wird am 31. Januar 2025 an die Aktionäre ausgezahlt, die am 15. Januar 2025 im Aktienregister stehen. Das Unternehmen hat angegeben, dass diese Dividende und zukünftige Dividenden voraussichtlich bis auf Weiteres als nicht anspruchsberechtigte Dividenden für kanadische Einkommenssteuerzwecke gelten werden.

Positive
  • Consistent monthly dividend payment maintained at $0.005 per share
Negative
  • Dividends designated as non-eligible, resulting in less favorable tax treatment for Canadian shareholders

Calgary, Alberta--(Newsfile Corp. - January 3, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.005 per common share to be paid January 31, 2025, to shareholders of record on January 15, 2025. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice.

About Pine Cliff

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value. Further information relating to Pine Cliff may be found on sedarplus.ca as well as on Pine Cliff's website at www.pinecliffenergy.com.

For further information, please contact:

Philip B. Hodge – President and CEO
Kristopher B. Zack – CFO and Corporate Secretary
Telephone: (403) 269-2289
Fax: (403) 265-7488
Email: info@pinecliffenergy.com

The TSX does not accept responsibility for the accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235980

FAQ

What is the dividend amount for Pine Cliff Energy (PIFYF) announced for January 2025?

Pine Cliff Energy announced a monthly dividend of $0.005 per common share for January 2025.

When is the payment date for Pine Cliff Energy's January 2025 dividend?

The dividend payment date is January 31, 2025.

What is the record date for Pine Cliff Energy's January 2025 dividend?

The record date for the dividend is January 15, 2025.

Are Pine Cliff Energy's dividends considered eligible dividends for Canadian tax purposes?

No, the dividends are designated as non-eligible dividends for Canadian income tax purposes until further notice.

PINE CLIFF ENERGY LTD

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