Akita Drilling Ltd. Class ATSX: AKT.A

/C O R R E C T I O N -- AKITA Drilling Ltd./

· Issued by Akita Drilling Ltd. Class A via CNW
/C O R R E C T I O N -- AKITA Drilling Ltd./

Canada NewsWire

CALGARY, Aug. 24, 2017

In the news release, AKITA Declares Quarterly Dividend for the Period Ending September 30, 2017, issued 24-Aug-2017 by AKITA Drilling Ltd. over Cision, we are advised by the company that the headline should read "AKITA Declares Dividend August 24, 2017". The complete, corrected release follows:

AKITA Declares Dividend August 24, 2017

CALGARY, Aug. 24, 2017 /CNW/ - (TSX:AKT) AKITA Drilling Ltd.'s Board of Directors approved the payment of a quarterly dividend to shareholders.

AKITA Drilling Ltd.'s Board of Directors approved an ordinary cash dividend of eight and one half cents ($0.085) per share on the Outstanding Class A Non-Voting and Class B Common shares of the Corporation for payment on October 2, 2017 to shareholders of record at the close of business September 18, 2017.  This dividend is an eligible dividend for Canadian Income Tax Purposes.

AKITA is an Alberta corporation engaged in the contract drilling business and is listed on the Toronto Stock Exchange under the symbol AKT.

SOURCE AKITA Drilling Ltd.

View original content: http://www.newswire.ca/en/releases/archive/August2017/24/c3438.html

Mr. Darcy Reynolds, Vice President, Finance and Chief Financial Officer, (403) 292-7530Copyright CNW Group 2017

View original source (CNW)