Canada NewsWire
CALGARY, Feb. 15, 2017
CALGARY, Feb. 15, 2017 /CNW/ - Northern Blizzard Resources Inc.
("Northern Blizzard") (TSX: NBZ) announced today a cash dividend of $0.02 per common share for
February 2017. The dividend will be payable on March 15, 2017 to
shareholders of record on February 28, 2017. This dividend has been designated as an eligible
dividend under the Income Tax Act (Canada).
Northern Blizzard
Northern Blizzard is a Canadian crude oil production and development company focused on maximizing oil recovery from its
large-scale low viscosity heavy oil resource base. The corporation's operations, infrastructure and concentrated land position
are focused in southwest Saskatchewan. Northern Blizzard's common shares trade on the Toronto
Stock Exchange under the symbol NBZ.
ADVISORIES
This news release contains forward-looking information within the meaning of applicable Canadian securities laws, including
with respect to the amount and payment of future dividends by Northern Blizzard. The reader is cautioned that
forward-looking information is based on certain assumptions, and is subject to known and unknown risks and uncertainties (both
general and specific) that contribute to the possibility that the future events or circumstances contemplated by the
forward-looking information will not occur. In particular, the payment of dividends is dependent on the satisfaction of the
applicable liquidity and solvency tests imposed by the Business Corporations Act (Alberta). Readers should also refer to the risk factors set forth in the Company's annual information form
dated March 11, 2016 available at www.sedar.com. There can be no assurance that the plans, intentions or expectations upon which forward-looking
information is based will be realized. Actual results may differ, and the difference may be material and adverse to the Company
and its shareholders.
SOURCE Northern Blizzard Resources Inc.
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