Birchcliff Energy Ltd. Announces Declaration of Quarterly Common Share and Preferred Share Dividends
CALGARY, Feb. 22, 2022 - Birchcliff Energy Ltd. ("Birchcliff") (TSX: BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the quarter ending March 31, 2022:
| Shares | TSX Stock Symbol | Dividend per Share | |
| Common Shares | BIR | $0.01 | |
| Cumulative Redeemable Preferred Shares, Series A | BIR.PR.A | $0.523375 | |
| Cumulative Redeemable Preferred Shares, Series C | BIR.PR.C | $0.4375 | |
The dividends are payable on March 31, 2022 to shareholders of record at the close of business on March 15, 2022. The ex-dividend date is March 14, 2022.
All of the dividends have been designated as eligible dividends for the purposes of the Income Tax Act (Canada).
About Birchcliff:
Birchcliff is a Calgary, Alberta based intermediate oil and natural gas company with operations focused on the Montney/Doig Resource Play in Alberta. Birchcliff's common shares and cumulative redeemable preferred shares, Series A and Series C, are listed for trading on the Toronto Stock Exchange under the symbols "BIR", "BIR.PR.A" and "BIR.PR.C", respectively.
| For further information, please contact: | ||
| Birchcliff Energy Ltd. Suite 1000, 600 - 3rd Avenue S.W. Calgary, Alberta T2P 0G5 Telephone: (403) 261-6401 Email: info@birchcliffenergy.com www.birchcliffenergy.com | Jeff Tonken - Chief Executive Officer Chris Carlsen - President and Chief Operating Officer Bruno Geremia - Executive Vice President and Chief Financial Officer | |
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