Paramount Resources Ltd T.POU

Alternate Symbol(s): PRMRF

Energy Oil & Gas E&P

Paramount Resources Ltd. is a Canada-based energy company. The Company explores and develops both conventional and unconventional petroleum and natural gas. It also pursues longer-term strategic exploration and pre-development plays and holds a portfolio of investments in other entities. Its principal properties are located in Alberta and British Columbia. The Company's operations are organized into three regions: the Grande Prairie Region, located in the Peace River Arch area of Alberta, which is focused on Montney developments at Karr and Wapiti; the Kaybob Region, located in west-central Alberta, which includes the Kaybob North Duvernay development, the Kaybob North Montney oil development and other shale gas and conventional natural gas producing properties, and the Central Alberta and Other Region, which includes the Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia.

TSX:POU - Post by User

Paramount Resources Ltd > Roughly 6% of NVA shares sold

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Comment by Sugareeon Mar 14, 2022 4:01pm

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Post# 34512896

RE:RE:RE:RE:RE:RE:Roughly 6% of NVA shares sold

My point being, one would think if POU planned to give out some of their nuvista holdings as a special dividend, one would think they would reward their loyal shareholders the option to not be taxed out of the gate from the dividend in 2021.

Now, on the other hand, maybe they wanted to keep some cash from the Nuvista holdings and sold the shares at a good price, and still may plan to give out nuvista shares as a special nuvista stock dividend.

Sugaree wrote: Please explain why? If they gave out the Nuvista shares as a special dividend, then the recceiver of the nuvista shares could keep them if they wished and let the share price grow with no immediate tax implications. If they give the proceeds of these shares out then there is dividend tax as income. Fairly certain i have that correct.

Vince64 wrote: Your statements are non sequitur.