(TSX: TWM)
/THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN
THE UNITED STATES OR TO U.S. NEWS
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CALGARY,
AB, March 23, 2023 /CNW/ - Tidewater Midstream
and Infrastructure Ltd. ("Tidewater") (TSX: TWM) is pleased
to announce that its Board of Directors has declared a dividend for
the first quarter 2023 of $0.01 per
common share payable on or about April 28,
2023 to shareholders of record on March 31, 2023. The ex-dividend date is
March 30, 2023. This dividend is an
eligible dividend for the purpose of the Income Tax Act
(Canada).
ABOUT TIDEWATER
Tidewater is traded on the TSX under the symbol "TWM".
Tidewater's business objective is to build a diversified midstream
and infrastructure company in the North American natural gas,
natural gas liquids, crude oil, refined product, and renewable
energy value chain. Its strategy is to profitably grow and create
shareholder value through the acquisition and development of
conventional and renewable energy infrastructure. To achieve its
business objective, Tidewater is focused on providing customers
with a full service, vertically integrated value chain through the
acquisition and development of energy infrastructure, including
downstream facilities, natural gas processing facilities, natural
gas liquids infrastructure, pipelines, railcars, export terminals,
storage, and various renewable initiatives. To complement its
infrastructure asset base, the Company also markets crude, refined
product, natural gas, NGLs and renewable products and services to
customers across North
America.
Tidewater is a majority shareholder in Tidewater Renewables
Ltd., a multi-faceted, energy transition company focusing on the
production of low carbon fuels. Tidewater Renewables' common shares
are publicly traded on the TSX under the symbol "LCFS".
SOURCE Tidewater Midstream and Infrastructure Ltd.
