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Newport Exploration Ltd V.NWX

Alternate Symbol(s): NWXPF

Metals & Mining Industrial Metals & Minerals

Newport Exploration Ltd. is a Canada-based company, which has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada. The Company holds a 2.5% gross overriding royalty (GOR) on several permits in Australia. These include permits being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both Australian oil and gas producers. The Cooper Basin is an onshore oil and gas development area. The Company’s Chu Chua is located approximately 30 kilometers (km) north of Kamloops, British Columbia, with access and infrastructure. The deposit is a Cyprus-type volcanogenic massive sulfide body hosted in two steeply dipping lenses of massive pyrite-chalcopyrite and magnetite up to 40 meters (m) thick, with a strike length of 400 m and a known depth of 250 m.

TSXV:NWX - Post by User

Newport Exploration Ltd

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Post by Gladiator3on Jun 09, 2022 9:33am

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Post# 34743149

Next dividend payment.

NEWPORT PAYMENT OF SECOND QUARTERLY CASH DIVIDEND in 2022

V.NWX | 1 hour ago

VANCOUVER, BC, June 9, 2022 /CNW/ - Newport Exploration Ltd ("Newport" or "the Company") is pleased to announce the payment of its second quarterly cash dividend ("the Dividend") in 2022 of $0.02/share, to its shareholders of record at the close of business on May 25th, 2022. As previously disclosed, the Company proposes to continue with the payment of quarterly dividend distributions, with the next payment scheduled for September, 2022.