Pine Cliff Energy Ltd. Declares Monthly Dividend for January 31, 2024

Rhea-AI Summary

Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) declares a regular monthly dividend of $0.01083 per common share, 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.

Calgary, Alberta--(Newsfile Corp. - January 2, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.01083 per common share to be paid January 31, 2024, to shareholders of record on January 15, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes.

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 www.sedar.com as well as on Pine Cliff's website at www.pinecliffenergy.com.

For further information, please contact:

Philip B. Hodge - President and CEO
Alan MacDonald -CFO and Corporate Secretary
Kristopher B. Zack - Vice President, Finance
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/192925

FAQ

What is the dividend amount declared by Pine Cliff Energy Ltd. (PNE) for January 2024?

Pine Cliff Energy Ltd. (PNE) has declared a regular monthly dividend of $0.01083 per common share for January 2024.

When will the dividend be paid to shareholders of Pine Cliff Energy Ltd. (PNE)?

The dividend declared by Pine Cliff Energy Ltd. (PNE) will be paid on January 31, 2024, to shareholders of record on January 15, 2024.

Is the dividend declared by Pine Cliff Energy Ltd. (PNE) eligible for Canadian income tax purposes?

Yes, the dividend declared by Pine Cliff Energy Ltd. (PNE) is designated as an eligible dividend for Canadian income tax purposes.