Glacier Media Inc. ("Glacier" or the "Company") (TSX:GVC) announced today that
the Board of Directors declared a quarterly dividend of $0.02 per share to
shareholders of record on June 13, 2014 and payable on July 4, 2014. 


The dividend is consistent with the Company's dividend policy of paying $0.08
per share per annum payable quarterly. 


Shares in Glacier are traded on the Toronto Stock Exchange under the symbol GVC. 

About the Company: Glacier Media Inc. is an information communications company
focused on the provision of primary and essential information and related
services through print, electronic and online media. Glacier is pursuing this
strategy through its core businesses: the local newspaper, trade information and
business and professional information markets. 


Forward-Looking Statements

This news release contains forward-looking statements that relate to, among
other things, the Company's objectives, goals, strategies, intentions, plans,
beliefs, expectations and estimates. These forward-looking statements include,
among other things, statements relating to the payment of dividends. These
forward looking statements are based on certain assumptions, including continued
ability to pay dividends, and are subject to risks, uncertainties and other
factors which may cause results, performance or achievements of the Company to
be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements, and undue reliance
should not be placed on such statements. 


Important factors that could cause actual results to differ materially from
these expectations include failure to continue to generate sufficient cash flow
to pay dividends and the other risk factors listed in the Company's Annual
Information Form under the heading "Risk Factors" and in the Company's MD&A
under the heading "Business Environment and Risks", many of which are out of the
Company's control. These other risk factors include, but are not limited to, the
ability of the Company to sell advertising and subscriptions related to its
publications, foreign exchange rate fluctuations, the seasonal and cyclical
nature of the agricultural industry, discontinuation of the Department of
Canadian Heritage's Canada Periodical Fund, general market conditions in both
Canada and the United States, changes in the prices of purchased supplies
including newsprint, the effects of competition in the Company's markets,
dependence on key personnel, integration of newly acquired businesses,
technological changes, tax risk and financing and debt service risk.


The forward-looking statements made in this news release relate only to events
or information as of the date on which the statements are made. Except as
required by law, the Company undertakes no obligation to update or revise
publicly any forward-looking statements, whether as a result of new information,
future events or otherwise, after the date on which the statements are made or
to reflect the occurrence of unanticipated events. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Glacier Media Inc.
Mr. Orest Smysnuik
Chief Financial Officer
604-708-3264

Glacier Media (TSX:GVC)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Glacier Media Charts.
Glacier Media (TSX:GVC)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Glacier Media Charts.