Pine Cliff Energy Ltd. Declares Monthly Dividend for February 29, 2024

About this update from Pine Cliff Energy Ltd.

Calgary, Alberta--(Newsfile Corp. - February 1, 2024) - Pine Cliff Energy Ltd. ( TSX: PNE ) ( OTCQX: PIFYF ) ( "Pine Cliff" or the "Company" ) has declared a regular monthly dividend of $0.01083 per common share to be paid February 29, 2024, to shareholders of record on February 15, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes. About Pine Cliff Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value. Further information relating to Pine Cliff may be found on sedarplus.ca as well as on Pine Cliff's website at www.pinecliffenergy.com . For further information, please contact: Philip B. Hodge - President and CEO Alan MacDonald -CFO and Corporate Secretary Kristopher B. Zack - Vice President, Finance Telephone: (403) 269-2289 Fax: (403) 265-7488 Email: [email protected] The TSX does not accept responsibility for the accuracy of this release. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/196493

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