PrairieSky Royalty Declares August Dividend

About this update from Prairiesky Royalty Ltd

CALGARY , Aug. 18, 2014 /CNW/ - PrairieSky Royalty Ltd. (" PrairieSky ") (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.1058 per common share to be paid on September 15, 2014 to shareholders of record on August 29, 2014 . This dividend is designated as an "eligible dividend" for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating stable free cash flow and that represent one of the largest and most concentrated independently-owned fee simple mineral title positions in Canada . PrairieSky common shares trade on the Toronto Stock Exchange under the symbol PSK. SOURCE PrairieSky Royalty Ltd. Image with caption: "PrairieSky Royalty Ltd. (CNW Group/PrairieSky Royalty Ltd.)". Image available at: http://photos.newswire.ca/images/download/20140818_C7446_PHOTO_EN_42483.jpg PrairieSky Royalty Ltd. Investor Relations (587) 293-4000 Copyright CNW Group 2014

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