CARDINAL ENERGY LTD. Calgary, Alberta - Cardinal Energy Ltd. ('Cardinal') (TSX: CJ) confirms that a dividend of $0.035 per common share will be paid on November 15, 2017 to shareholders of record on October 31, 2017. TheBoard of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an 'eligible dividend' for Canadian income tax purposes.
About Cardinal Energy Ltd.
Cardinal is a junior Canadian oil focused company built to provide investors with a stable platform for dividend income and growth. Cardinal's operations are focused in low decline light and medium quality oil in Alberta and Saskatchewan.
For further information: M. Scott Ratushny, CEO or Laurence Broos, VP Finance, Cardinal Energy Ltd., 600, 400 - 3rd Avenue SW, Calgary, AB T2P 4H2, Main Phone: (403) 234-8681.
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Cardinal Energy Ltd. published this content on 11 October 2017 and is solely responsible for the information contained herein.
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Original documenthttp://www.cardinalenergy.ca/news/86/67/Cardinal-Energy-Ltd-confirms-monthly-dividend-for-Cctober/d,Cardinal_News_Detail.html
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