Business
Spyglass Resources Corp. Announces June Dividend
Spyglass Resources Corp. Announces June Dividend.
About this update from Spyglass Resources Corp
[{"type":"text","content":"\n \n \n Spyglass Resources Corp. Announces June Dividend\n \n \nSpyglass Resources Corp. Announces June Dividend\n \n CALGARY, ALBERTA--(Marketwired - Jun 13, 2014) - \n All values are in Canadian dollars unless otherwise indicated. Conversion of natural gas volumes to barrels of oil equivalent (boe) are at 6:1.\n Spyglass Resources Corp. (\"Spyglass\" or the \"Company\") (TSX:SGL)(OTCQX:SGLRF) announces that the board of directors (the \"Board\") has approved the June 2014 monthly dividend of $0.0225 per share payable on July 15, 2014 to shareholders of record on June 27, 2014. The ex-dividend date will be June 25, 2014. \n The dividend policy of Spyglass is at the discretion of the Board and is reviewed monthly in the context of a number of factors including current and forecast commodity prices, foreign exchange rates, an active commodity price risk management program, the status of current operations and future investment opportunities. Spyglass dividends paid on common shares will be designated as \"eligible dividends\" for Canadian income tax purposes.\n Reader Advisory and Note Regarding Forward Looking Information\n Certain statements contained within this press release, and in certain documents incorporated by reference into this document constitute forward looking statements. These statements relate to future events or future performance. All statements, other than statements of historical fact, may be forward looking statements. Forward looking statements are often, but not always, identified by the use of words such as \"seek\", \"anticipate\", \"budget\", \"plan\", \"continue\", \"estimate\", \"expect\", \"forecast\", \"may\", \"will\", \"project\", \"predict\", \"potential\", \"targeting\", \"intend\", \"could\", \"might\", \"should\", \"believe\" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward looking statements. \n In particular, this press release contains the following forward looking statements pertaining to, without limitation, the following: Spyglass' (i) future production volumes and the timing of when additional production volumes will come on stream; Spyglass' (ii) realized price of commodities in relation to reference prices; (iii) future commodit...