Tourmaline Declares Quarterly Dividend

About this update from Tourmaline Oil Corp.

[{"type":"text","content":"\n \n \n \n Tourmaline Declares Quarterly 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 CALGARY, AB\n \n ,\n \n Dec. 2, 2021\n \n /CNW/ - Tourmaline Oil Corp. (TSX: TOU) (\"\n \n Tourmaline\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of\n \n C$0.18\n \n per common share. The dividend will be payable on\n \n December 31, 2021\n \n to shareholders of record at the close of business on\n \n December 15, 2021\n \n . This quarterly cash dividend is designated as an \"eligible dividend\" for Canadian income tax purposes.\n \n \n \n \n \n \n \n \n \n \n Reader Advisories\n \n \n \n \n CURRENCY\n \n \n \n All amounts in this news release are stated in Canadian dollars unless otherwise specified.\n \n \n \n FORWARD-LOOKING INFORMATION\n \n \n \n This news release contains forward-looking information and statements (collectively, \"\n \n forward-looking information\n \n \") within the meaning of applicable securities laws. The use of any of the words \"forecast\", \"expect\", \"anticipate\", \"continue\", \"estimate\", \"objective\", \"ongoing\", \"on track\", \"may\", \"will\", \"project\", \"should\", \"believe\", \"plans\", \"intends\" and similar expressions are intended to identify forward-looking information. More particularly and without limitation, this news release contains forward-looking information concerning the future declaration and payment of dividends and the timing and amount thereof which assumes the availability of free cash flow to fund such dividends. The forward-looking information is based on certain key expectations and assumptions made by Tourmaline, including expectations and assumptions concerning the following: prevailing and future commodity prices and currency exchange rates; the degree to which Tourmaline's operations and production will be disrupted by circumstances attributable to the COVID-19 pandemic and the responses of governments and the public to the pandemic; applicable royal...

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