VANCOUVER, British Columbia,
May 4, 2017 /CNW/ -- Tahoe
Resources Inc. ("Tahoe" or the "Company") (TSX: THO; NYSE:
TAHO) is pleased to declare its fifth monthly dividend for 2017 of
USD$0.02 per common share.
Shareholders of record at the close of business on Thursday, May 18, 2017 will be entitled to
receive payment of this dividend on Thursday, May 25, 2017.
This dividend qualifies as an "eligible dividend" for Canadian
income tax purposes. Pursuant to tax legislation enacted in 2007,
Canadian resident individuals who receive "eligible dividends" will
be entitled to an enhanced gross-up and dividend tax credit on such
dividends.
Eligible shareholders may enroll in Tahoe's Dividend
Reinvestment Plan ("DRIP"). Full details of the DRIP are provided
in the plan document, "Tahoe Resources Inc. Dividend Reinvestment
Plan." Copies of this document, as well as the enrollment form for
the DRIP, are available on Tahoe's website at
http://www.tahoeresources.com/investor-relations/dividends.
Registered shareholders may also enroll in the DRIP online through
Computershare's self-service web portal, Investor Centre, at
www.investorcentre.com.
About Tahoe Resources Inc.
Tahoe's strategy is to responsibly operate precious metals
mines, to pay significant shareholder dividends and to grow by
developing long-term, low-cost assets in the Americas. Tahoe is a
member of the S&P/TSX Composite and TSX Global Mining indices
and the GDX and Russell 3000 on the NYSE. The Company is listed on
the TSX as THO and on the NYSE as TAHO.
Forward-Looking Statements
This news release contains "forward-looking information" within
the meaning of applicable Canadian securities legislation, and
"forward-looking statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995
(collectively referred to as "forward-looking statements"). In
particular, this news release describes potential future events
related to a dividend payment as well as shareholder participation
in a DRIP.
Forward-looking statements are based on management's reasonable
assumptions, estimates, expectations, analyses and opinions, which
are based on management's experience and perception of trends,
current conditions and expected developments, and other factors
that management believes are relevant and reasonable in the
circumstances, but which may prove to be incorrect. Assumptions
have been made regarding, among other things: the price of silver,
gold and other metals; plant equipment and processes operating as
anticipated; there being no material variations in the current tax
and regulatory environment; the Company's ability to operate in a
safe, efficient and effective manner; the exchange rates among the
Canadian dollar, Guatemalan quetzal, Peruvian nuevo sol and
the United States dollar remaining
consistent with current levels; and the Company's ability to obtain
financing as and when required and on reasonable terms. Readers are
cautioned that the foregoing list is not exhaustive. Tahoe's actual
results, programs and financial position could differ materially
from those anticipated in such forward-looking statements as a
result of numerous factors, risks and uncertainties, many of which
are beyond the Company's control. These include, but are not
necessarily limited to, legislative changes that impact mining
operations in Canada, Guatemala and/or Peru; results of exploration activities and
development of mineral properties; the uncertainty in geologic,
hydrological, metallurgical and geotechnical studies and opinions;
social unrest and political or economic instability in Guatemala and/or Peru; risks associated with illegal mining
activities by unauthorized individuals on the Company's mining or
exploration properties; the uncertainties of resource and reserve
estimations; receipt and security of mineral property titles;
receipt of licenses to conduct mining activities; the timing and
possible outcome of pending litigation; cost overruns or
unanticipated costs and expenses; the availability of funds;
fluctuations in metal prices; currency fluctuations; and general
market and industry conditions. There is no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. Tahoe does not
undertake to update any forward-looking statements, except as, and
to the extent required by, applicable securities laws. For a
further discussion of risks relevant to the Company, see the
Company's Annual Information Form available on www.sedar.com under
the heading "Description of Our Business – Risk Factors."
For further information, please contact:
Tahoe Resources Inc.
Mark
Utting, Vice President, Investor Relations
investors@tahoeresources.com
Tel: 416-703-6298
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SOURCE Tahoe Resources Inc.