Press release from CNW Group
High Arctic Declares Monthly Dividend
Tuesday, May 21, 2013
High Arctic Declares Monthly Dividend16:01 EDT Tuesday, May 21, 2013
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW/
RED DEER, AB, May 21, 2013 /CNW/ - High Arctic Energy Services Inc. (TSX: HWO) ("High Arctic" or the "Corporation") is pleased to announce that its Board of Directors has approved a monthly dividend payment of $0.0125 per share to holders of common shares. The dividend is payable on June 14, 2013, to holders of High Arctic common shares of record at the close of business on May 31, 2013. The ex-dividend date is May 29, 2013. The dividend is designated as an "eligible dividend" for Canadian Income Tax purposes.
About High Arctic
The Corporation is a global provider of specialized oilfield equipment and services, including drilling, completion and workover operations. Based in Red Deer, Alberta, High Arctic has domestic operations throughout western Canada and international operations in Papua New Guinea.
SOURCE: High Arctic Energy Services Inc.
For further information:
Chief Financial Officer
403 508 7836 ext 103