Pine Cliff Energy Ltd. Declares Monthly Dividend for February 28, 2025

Rhea-AI Summary

Pine Cliff Energy (TSX: PNE) (OTCQX: PIFYF) has announced a monthly dividend of $0.005 per common share, scheduled for payment on February 28, 2025. Shareholders must be on record by February 14, 2025, to receive this dividend. The company has specified that this and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice.

The company also announced it will host a webcast to discuss 2024 year-end results on March 6th, 2025, at 9:00 AM MDT (11:00 AM EDT). The webcast will be accessible through their website, with a recorded archive available afterward.

Positive

• Regular monthly dividend payment maintained at $0.005 per share

Negative

• None.

News Market Reaction – PIFYF

-0.94%

-0.94% Session move

In the trading session that priced this news, PIFYF declined 0.94%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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Calgary, Alberta--(Newsfile Corp. - February 5, 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 February 28, 2025, to shareholders of record on February 14, 2025. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice.

2024 Year-End Results Webcast

Pine Cliff will host a webcast at 9:00 AM MDT (11:00 AM EDT) on Thursday March 6th, 2025. Participants can access the live webcast via https://www.gowebcasting.com/13962 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/239735

FAQ

What is Pine Cliff Energy's (PIFYF) dividend amount for February 2025?

Pine Cliff Energy's dividend for February 2025 is $0.005 per common share.

When is the record date for Pine Cliff Energy's February 2025 dividend?

The record date for Pine Cliff Energy's February 2025 dividend is February 14, 2025.

When will Pine Cliff Energy (PIFYF) pay its February 2025 dividend?

Pine Cliff Energy will pay its February 2025 dividend on February 28, 2025.

When is Pine Cliff Energy's 2024 year-end results webcast scheduled?

Pine Cliff Energy's 2024 year-end results webcast is scheduled for March 6th, 2025, at 9:00 AM MDT (11:00 AM EDT).

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

No, these dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice.