Mr. Jeff Tonken reports
BIRCHCLIFF ENERGY LTD. ANNOUNCES QUARTERLY PREFERRED SHARE DIVIDEND
Birchcliff Energy Ltd.'s board of directors has declared the following dividends on its outstanding preferred shares:
-
A quarterly cash dividend of 50 cents per share for the calendar quarter
ending on March 31, 2014, on Birchcliff's outstanding cumulative
redeemable preferred shares, Series A; the dividend is payable on March
31, 2014, to shareholders of record as at the close of business on March
24, 2014; the dividend is designated as an eligible dividend for
purposes of the Income Tax Act (Canada);
- A quarterly cash dividend of 43.75 cents per share for the calendar quarter
ending on March 31, 2014, on Birchcliff's outstanding cumulative
redeemable preferred shares, Series C; the dividend is payable on March
31, 2014, to shareholders of record as at the close of business on March
24, 2014; the dividend is designated as an eligible dividend for
purposes of the Income Tax Act (Canada).
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