AvenEx Energy Corp AVNDF

Dividend .03 or .035 going forward

[sunriseset]

So is the dividend going to be .03 or .035 going forward. I read in the combo report it is going to be .36 per year, but they just payed out .35 couple days ago. When doea the dividend decrease to .03 monthly officially take effect, what month? Thx>

[trismigistus]

Your new shares of SpyGlass will be paying .0225 cent per share. Your actually taking a haircut, but now own shares in a company multiple times the size of AvenEx.

[sunriseset]

Thx tris>

[thomas35]

Spyglass will pay a monthly dividend at $0.0225.

[fwiw88]

From Dec 2012 arcticleDividend Policy Upon closing, Spyglass will implement a monthly dividend of $0.03 per share with a dividend payout of 35% to 40% of cash flow (approximately $46 million annual dividend) and a target all-in payout ratio (including $80 to $90 million of sustaining capital expenditures) of approximately 100% of cash flow. The dividend policy will be reviewed monthly and is based

[fwiw88]

Updated in March 2013 ; .0225 per share;   Charger Energy Corp Symbol C : CHX Shares Issued 67,321,191 Close 2013-03-19 C$ 0.275 Recent Sedar Documents View Original Document