Freehold Royalties Ltd FRHLF

Primary Symbol: T.FRU

Freehold Royalties Ltd. is a Canada-based royalty company. It manages non-government portfolios of oil and natural gas royalties in Canada with a sizeable land base in the United States. Its segments include Canada and the United States. Canada segment includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada. The United States segment includes petroleum and natural gas interests primarily held in the Permian (Midland and Delaware), Eagle Ford, Haynesville and Bakken basins largely located in the states of Texas, Louisiana, North Dakota and New Mexico. Its total land holdings encompass approximately 6.1 million gross acres in Canada and approximately 1.1 million gross drilling acres in the United States. The Company also have gross overriding royalty (GORR) and other interests in approximately five million acres. It has royalty interests in close to 21,000 producing wells and almost 500 units spanning five provinces and eight states.

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Freehold Royalties Ltd

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Post by Betteryear2on May 06, 2024 6:01pm

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Post# 36025876

Dividend

The Board of Directors of Freehold has declared a monthly dividend of $0.09 per share to be paid on June 17, 2024, to shareholders of record on May 31, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes.

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