Cardinal Energy Ltd. Announces Monthly Dividend for July

Company Cardinal Energy Group, Inc. 
Tags Strategy - Corporate
Date July 04, 2019

Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that our dividend of $0.015 per common share will be paid on August 15, 2019 to shareholders of record on July 31, 2019. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes.

Cardinal would also like to confirm that although shareholders had approved the consolidation of its common shares at its Annual General Meeting, the Company has decided not to proceed with a share consolidation at this time.

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