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Pine Cliff Energy Ltd. Declares Monthly Dividend for August 30, 2024 and Provides Second Quarter 2024 Webcast Details

Pine Cliff Energy (TSX: PNE) (OTCQX: PIFYF) has announced a regular monthly dividend of $0.005 per common share, payable on August 30, 2024, to shareholders of record on August 15, 2024.

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Rhea-AI Summary

Pine Cliff Energy (TSX: PNE) (OTCQX: PIFYF) has announced a regular monthly dividend of $0.005 per common share, payable on August 30, 2024, to shareholders of record on August 15, 2024. The company notes that this and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice.

Additionally, Pine Cliff will be hosting a webcast to discuss its Second Quarter 2024 results on Friday, August 9th, 2024, at 9:00 AM MDT (11:00 AM EDT). Investors can access the live webcast through the provided link or via telephone. A recorded archive will be available on the company's website following the live event.

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Positive

  • Regular monthly dividend of $0.005 per common share declared
  • Webcast scheduled to discuss Second Quarter 2024 results

Negative

  • Dividends designated as non-eligible for Canadian income tax purposes
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News Market Reaction – PIFYF

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Calgary, Alberta--(Newsfile Corp. - August 2, 2024) - 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 August 30, 2024, to shareholders of record on August 15, 2024. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice.

Second Quarter 2024 Results Webcast

Pine Cliff will host a webcast at 9:00 AM MDT (11:00 AM EDT) on Friday August 9th, 2024. Participants can access the live webcast via https://www.gowebcasting.com/13423 (audio of webcast can be accessed via 1-877-407-8819, passcode 86286) or through the links provided on the Company's website. A recorded archive will be available on the Company's website following the live webcast.

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/218673

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the amount of Pine Cliff Energy's (PIFYF) monthly dividend for August 2024?

Pine Cliff Energy (PIFYF) has declared a regular monthly dividend of $0.005 per common share for August 2024.

When is the payment date for Pine Cliff Energy's (PIFYF) August 2024 dividend?

The payment date for Pine Cliff Energy's (PIFYF) August 2024 dividend is August 30, 2024.

What is the record date for Pine Cliff Energy's (PIFYF) August 2024 dividend?

The record date for Pine Cliff Energy's (PIFYF) August 2024 dividend is August 15, 2024.

When will Pine Cliff Energy (PIFYF) host its Second Quarter 2024 results webcast?

Pine Cliff Energy (PIFYF) will host its Second Quarter 2024 results webcast on Friday, August 9th, 2024, at 9:00 AM MDT (11:00 AM EDT).

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