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Birchcliff Energy Ltd. Announces Declaration of Common Share Quarterly Dividend and Preferred Share Dividends

May 30, 201712:56 PM Marketwired

CALGARY, ALBERTA–(Marketwired – May 30, 2017) – Birchcliff Energy Ltd. (“Birchcliff”) (TSX:BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the calendar quarter ending June 30, 2017:

Shares TSX Stock Symbol Dividend per Share
Common Shares BIR $0.025
Cumulative Redeemable Preferred Shares, Series A BIR.PR.A $0.500
Cumulative Redeemable Preferred Shares, Series C BIR.PR.C $0.4375

The dividends are payable on June 30, 2017 to shareholders of record at the close of business on June 15, 2017. All of the dividends have been designated as eligible dividends for the purposes of the Income Tax Act (Canada).

About Birchcliff:

Birchcliff is a Calgary, Alberta based intermediate oil and gas company with operations concentrated within its one core area, the Peace River Arch of Alberta. Birchcliff’s Common Shares and Cumulative Redeemable Preferred Shares, Series A and Series C, are listed for trading on the Toronto Stock Exchange under the symbols “BIR”, “BIR.PR.A” and “BIR.PR.C”, respectively.

Birchcliff Energy Ltd.
Suite 1000, 600 – 3rd Avenue S.W.
Calgary, AB T2P 0G5
(403) 261-6401
(403) 261-6424 (FAX)
info@birchcliffenergy.com
www.birchcliffenergy.com

Jeff Tonken
President and Chief Executive Officer

Bruno Geremia
Vice-President and Chief Financial Officer

Birchcliff Energy

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