Westbridge Renewable Energy Announces Cash Dividend of CAD 0.20 Per Share

About this update from Westbridge Renewable Energy Corp

[{"type":"text","content":"\n\n\n\n Westbridge Renewable Energy Announces Cash Dividend of CAD 0.20 Per Share\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 Sept. 23, 2025\n \n\n /CNW/ -\n \n Westbridge Renewable Energy Corp.\n \n (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ)\n \n (\"Westbridge\", \"Westbridge Renewable\" or the \"Company\")\n \n is pleased to announce that its Board of Directors has approved a cash dividend in the amount of\n \n CAD 0.20\n \n per share, to be distributed to shareholders of record as of 3\n \n rd\n \n\n October 2025\n \n (the \"\n \n Record Date\n \n \"), with payment on or around 17\n \n th\n \n\n October 2025\n \n (the \"\n \n Distribution Date\n \n \"), subject to TSX Venture Exchange approval.\n \n\n\n\n\n\n\n\n\n\n Dividend Details\n \n\n\n\n Amount:\n \n CAD 5,057,000\n \n approximately in aggregate\n \n\n Per Share:\n \n CAD 0.20\n \n (based on shares outstanding as of the Record Date)\n \n\n Record Date: 3\n \n rd\n \n\n October 2025\n \n\n\n Payment Date: on or around 17\n \n h\n \n\n October 2025\n \n\n\n Type: Cash dividend, classified as a special dividend\n \n\n\n\n Strategic rationale\n \n\n\n Following\n \n Westbridge's\n \n previous dividend of\n \n CAD 0.10\n \n per share, which was distributed on 21\n \n st\n \n\n June 2024\n \n to shareholders of record as of 7\n \n th\n \n\n June 2024\n \n , the Company remains committed to returning value to shareholders while preserving the financial flexibility required to grow. The Company is declaring a one-time, special dividend. This is a non-recurring distribution and should not be interpreted as an indication of ongoing or regular dividend payments. The Company remains committed to consider additional dividends if and when its cash position permits, but any future distributions will remain at the sole discretion of the Board of Directors.\n \n\n After the payment of this proposed dividend,\n \n Westbridge\n \n retains a strong cash position to continue advancing its development portfolio and pursue expansion into new projects. The Company is act...

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