Razor Energy Corp. Confirms Cash Dividend for December 2019 Payable January 31, 2020
January 09 2020 - 6:00AM
Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces
that the December 2019 monthly cash dividend will be $0.0125 per
share which will be paid on January 31, 2020. The record date for
the dividend is January 15, 2020 and the ex-dividend date is
January 14, 2020. The dividend is paid monthly and is subject to
commodity prices, production levels, and other factors.
The dividend is considered an "eligible
dividend" for tax purposes.Razor is a publicly traded junior oil
and gas development and production company headquartered in
Calgary, Alberta, concentrated on acquiring, and subsequently
enhancing, producing oil and gas properties primarily in Alberta.
The Company is led by experienced management and a strong,
committed Board of Directors, with a long-term vision of growth and
distributions to shareholders, focused on efficiency and cost
control in all areas of the business. Razor currently trades on TSX
Venture Exchange under the ticker “RZE”.
For additional information please
contact:
|
Doug Bailey |
|
Kevin Braun |
|
President and Chief Executive
Officer |
OR |
Chief Financial Officer |
|
|
|
|
|
Razor Energy Corp. |
|
Alliance Capital
Partners |
|
800, 500-5th Ave SW |
|
Gordon Aldcorn |
|
Calgary, Alberta T2P 3L5 |
|
www.alliancecapitalpartners.ca |
|
Telephone: (403) 262-0242 |
|
403-618-6507 |
|
www.razor-energy.com |
|
|
READER ADVISORIES
FORWARD-LOOKING STATEMENTS:
This news release contains forward-looking statements. More
particularly, this news release contains statements concerning, but
not limited to, the Company’s dividend policy and dividend
payments, future dividends, growth plans, and corporate strategy.
In addition, the use of any of the words “anticipate”, “believe”,
“intend”, “may”, “is”, “will” and similar expressions are intended
to identify forward-looking statements. The forward-looking
statements contained herein are based on certain key expectations
and assumptions made by the Company. Although the Company believes
that the expectations and assumptions on which the forward-looking
statements are based are reasonable, undue reliance should not be
placed on the forward-looking statements because the Company can
give no assurance that they will prove to be correct. Since
forward-looking statements address future events and conditions, by
their very nature they involve inherent risks and uncertainties.
Actual results could differ materially from those currently
anticipated due to a number of factors and risks. There can be no
assurances that the directors of the Company will declare any
dividends in the future or, if dividends are declared, there can be
no assurance as to the frequency or amount of such dividends.
Please refer to the risk factors identified in the annual
information form and management discussion and analysis of the
Company for the period ended December 31, 2018, on SEDAR at
www.sedar.com.
The forward-looking statements contained in this
news release are made as of the date hereof and the Company
undertakes no obligation to update publicly or revise any
forward-looking statements or information, whether as a result of
new information, future events or otherwise, unless so required by
applicable securities laws.
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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