Canada NewsWire
CALGARY, Aug. 9, 2017
CALGARY, Aug. 9, 2017 /CNW/ - Pason Systems Inc. (TSX:
PSI) announced today that the Board of Directors (with Mr. Jim Hill, the significant shareholder
through J.D Hill Investments Ltd., abstaining from voting) declared a quarterly dividend of seventeen
cents (C$0.17) per share on the company's common shares. The dividend will be paid on
September 29, 2017 to shareholders of record at the close of business on September 15, 2017.
Pursuant to the Canadian Income Tax Act, dividends paid by the Company to Canadian residents are considered to be "eligible"
dividends.
Pason Systems Inc.
Pason Systems Inc. is a leading global provider of specialized data management systems for drilling rigs. Our
solutions, which include data acquisition, wellsite reporting, remote communications, web-based information management, and
analytics, enable collaboration between the rig and the office. Pason's common shares trade on the Toronto Stock Exchange under
the symbol PSI.
Additional information on risks and uncertainties and other factors that could affect Pason's operations or financial results
are included in Pason's reports on file with the Canadian securities regulatory authorities and may be accessed through the SEDAR
website (www.sedar.com) or through Pason's website (www.pason.com). Furthermore, any forward looking statements
contained in this news release are made as of the date of this news release, and Pason does not undertake any obligation to
update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future
events or otherwise, except as expressly required by securities law.
SOURCE Pason Systems Inc.
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