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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Energy Oil & Gas E&P
Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil recoveries through the application of water flood technology. The key properties in the Central Alberta Light asset include Wilson Creek, Ferrier, Killam, Drayton Valley, and Chigwell.


TSX:GXE - Post by User

Gear Energy Ltd > Stolen dividends
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Comment by pierrelebelon Jan 07, 2025 3:55pm
81 Views
Post# 36393037

RE:RE:RE:Stolen dividends

RE:RE:RE:Stolen dividends
The decision de reinstate the dividend will be made by the board of directors if/when the deal is rejected by shareholders.

I do not expect the directors to pay a January dividend retroactively.  The money would simply be used to reduce the debt.

Either way the shareholders win.
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