Cardinal Energy Ltd. Confirms Monthly Dividend for June
June 11 2014 - 6:10PM
Marketwired
Cardinal Energy Ltd. Confirms Monthly Dividend for June
CALGARY, ALBERTA--(Marketwired - Jun 11, 2014) - Cardinal Energy
Ltd. ("Cardinal" or the "Company") (TSX:CJ) confirms that a
dividend of $0.05417 per common share will be paid on July 15, 2014
to shareholders of record on June 30, 2014 with an ex-dividend date
of June 26, 2014. The Board of Directors of Cardinal has declared
the dividend payable in either cash or common shares at the
election of the shareholder. This dividend has been designated as
an "eligible dividend" for Canadian income tax purposes.
About Cardinal Energy Ltd.
Cardinal is a junior Canadian oil focused company built to
provide investors with a stable platform for dividend income and
growth. Cardinal's operations are focused in all season access
areas in Alberta.
Forward Looking Statements
This press release contains forward looking statements relating
to Cardinal's expected events including the amount and the timing
of payment of future dividends. The reader is cautioned that
forward looking statements are subject to risks, uncertainties and
assumptions which Cardinal believes are reasonable at the time they
were made. There can be no assurance that such expectations will
prove to be correct. Risks could affect our future results and
could cause results to differ materially from those expressed in
the forward looking statements.
Cardinal Energy Ltd.M. Scott RatushnyChief Executive Officer and
Chairman(403) 216-2706Cardinal Energy Ltd.Douglas SmithChief
Financial Officer(403) 216-2709Cardinal Energy Ltd.Suite 1400, 440
- 2nd Avenue S.W.Calgary, Alberta T2P 5E9(403) 234-8681(403)
234-0603info@cardinalenergy.ca
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