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Surge Energy has confirmed that shareholders will receive a cash dividend of  $0.00625 per share on October 17, 2016. The dividend will apply to shareholders on record for September 30, 2016. According to the press release: The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge Energy Inc. is an oil-weighted …

Surge Energy has confirmed that shareholders will receive a cash dividend of  $0.00625 per share on October 17, 2016. The dividend will apply to shareholders on record for September 30, 2016.
According to the press release:

The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).
Surge Energy Inc. is an oil-weighted production and development company with high quality, large oil in place, crude oil reservoirs.  Management is focused on delivering to its shareholders solid per share organic growth, sustainable monthly dividends, and further growth through accretive acquisitions of additional elite oil reservoirs.

Click here for the full press release. 

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