Business
PARAMOUNT RESOURCES LTD. ANNOUNCES APRIL DIVIDEND
PARAMOUNT RESOURCES LTD. ANNOUNCES APRIL DIVIDEND Canada NewsWire CALGARY, ...
About this update from Paramount Resources Ltd. Class A
[{"type":"text","content":"\n \n \n \n PARAMOUNT RESOURCES LTD. ANNOUNCES APRIL DIVIDEND\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n April 3, 2023\n \n \n /CNW/ - Paramount Resources Ltd. (\"Paramount\" or the \"Company\") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of\n \n $0.125\n \n per common share that will be payable on\n \n April 28, 2023\n \n to shareholders of record on\n \n April 14, 2023\n \n . The dividend will be designated as an \"eligible dividend\" for Canadian income tax purposes.\n \n \n \n About Paramount\n \n \n \n Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities. The Company's principal properties are located in\n \n Alberta\n \n and\n \n British Columbia\n \n . Paramount's class A common shares are listed on the Toronto Stock Exchange under the symbol \"POU\".\n \n \n \n ADVISORIES\n \n \n \n The potential payment of future dividends under the Company's monthly dividend program would be considered forward-looking information under applicable securities legislation. Although Paramount believes that the expectations reflected in such forward-looking information are reasonable based on the information available at the time of this press release, undue reliance should not be placed on the forward-looking information as Paramount can give no assurance that such expectations will prove to be correct. Such forward-looking information is based on a number of assumptions which may prove to be incorrect, including assumptions as to the Company's future free cash flow, operating results, capital requirements and financial position. There are risks that may result in the Company changing, suspending or discontinuing its monthly dividend program, including changes to free cash flow, operating results, capital...