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Bullboard - Stock Discussion Forum AvenEx Energy Corp AVNDF

GREY:AVNDF - Post Discussion

AvenEx Energy Corp > Dividend continues
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Post by jjeerryy on Jan 17, 2013 6:39pm

Dividend continues

January 17, 2013 17:29 ET

AvenEx Energy Corp. Monthly Dividend Declaration

CALGARY, ALBERTA--(Marketwire - Jan. 17, 2013) - AvenEx Energy Corp. ("AvenEx") (TSX:AVF) is pleased to announce that its Board of Directors have declared its regular monthly dividend for January 2013 of $0.035 per common share payable on February 15, 2013 to shareholders of record at the close of business on January 31, 2013.

The Board of Directors reviews the dividend on a monthly basis with monthly dividends expected to be paid on the 15th of the month. Shareholders are entitled to receive dividends only when any such dividends are declared by the Board of Directors and there is no entitlement to any dividend prior thereto.

For Canadian resident shareholders the dividend declared is designated as an "eligible dividend" for the purposes of the Income Tax Act (Canada) and any similar provincial legislation.

An electronic copy of this press release may be obtained on AvenEx's SEDAR profile at www.sedar.com.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Comment by pone on Jan 20, 2013 10:03pm
What date is the vote on the merger proposed to be?   Did management indicate intent to continue the dividend into that vote?
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