Abitibi Royalties Ex-Dividend Date Set at December 6, 2019
December 02 2019 - 8:00AM
Abitibi Royalties Inc.
(RZZ-TSX-V, ATBYF-OTC-Nasdaq Intl: “Abitibi Royalties” or the
“Company”) announces that further to its news release of October
28, 2019, the ex-dividend date for its Q4-2019 quarterly dividend
has been set at December 6, 2019. The cash quarterly dividend
of CDN$0.03 per common share (CDN$0.12 per common share on an
annual basis) is to be paid on December 30, 2019, to shareholders
of record on December 9, 2019. The full amount of the
dividend will be designated as an 'eligible dividend' as defined in
the Income Tax Act (Canada).
About Abitibi Royalties
Abitibi Royalties owns various royalty interests
at the Canadian Malartic Mine near Val-d’Or Québec. In addition,
the Company is building a portfolio of royalties on early-stage
properties near producing mines. The Company is unique among its
peers due to its strong treasury, no debt, quarterly dividend,
share buyback program and limited number of shares (approximately
12.5 million).
For additional information, please
contact:
Shanda Kilborn –
Director, Corporate Development 2864 chemin
SullivanVal-d’Or, Québec J9P 0B9Tel.: 1-888-392-3857Email:
info@abitibiroyalties.com |
|
Forward Looking Statements:
This news release contains certain statements
that may be deemed “forward-looking statements”. Forward
looking statements are statements that are not historical facts and
are generally, but not always, identified by the words “expects”,
“plans”, “anticipates”, “believes”, “intends”, “estimates”,
“projects”, “potential” and similar expressions, or that events or
conditions “will”, “would”, “may”, “could” or “should” occur.
Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual
results or realities may differ materially from those in forward
looking statements. Forward looking statements are based on the
beliefs, estimates and opinions of the Company’s management on the
date the statements are made. Except as required by law, the
Company undertakes no obligation to update these forward-looking
statements in the event that management’s beliefs, estimates or
opinions, or other factors, should
change.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this news release.
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