McChip Resources Inc. Announces Dividend
November 24 2011 - 3:30PM
Marketwired
McChip Resources Inc. (TSX VENTURE:MCS) is pleased to announce the
declaration of a dividend in the amount of $0.10 per common share,
payable on December 16, 2011 to shareholders of record on December
9, 2011, the ex dividend date will be December 7, 2011.
It is the current intention of the company to continue to pay
dividends, the amounts and the payment dates, to be determined
after a review of cash available from oil and gas operations, the
commencement of royalty payments from Potash Corporation of
Saskatachewan Inc. and investment income.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS
RELEASE.
Contacts: McChip Resources Inc. Edward G. Dumond Corporate
Secretary 416.364.2173 416.814.3965 (FAX)
McChip Resources (TSXV:MCS)
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