TORC Oil & Gas Ltd. Confirms Monthly Dividend for September 2017

Source Company Press Release
Company TORC Oil & Gas Ltd.
Tags Corporate: Overview/Strategy, Country: Canada
Date September 15, 2017

TORC Oil & Gas Ltd. (“TORC” or the “Company”) (TSX:TOG) is pleased to confirm that a dividend of $0.02 per common share will be paid on October 16, 2017 to common shareholders of record on September 30, 2017. The ex-dividend date is September 28, 2017, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder choosing to receive common shares rather than cash must submit his or her share dividend authorization form no later than 4:30 p.m. (Calgary time) on the fourth business day immediately prior to the record date for the declared dividend payment, being September 25, 2017. This dividend has been designated as an “eligible dividend” for Canadian income tax purposes

Share Dividend Program

TORC’s Share Dividend Program enables common shareholders to elect to receive dividends in common shares at the weighted average trading price for the five days immediately prior to the payment date. Participation in the Share Dividend Program is optional and all fees associated with the Share Dividend Program will be paid by TORC.

Source: EvaluateEnergy® ©2024 EvaluateEnergy Ltd