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Birchcliff Energy Ltd TSX: BIR-T

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Birchcliff Energy Ltd. Announces Declaration of Quarterly Common Share and Preferred Share Dividends

GlobeNewswire - Mon May 31, 12:36PM CDT

Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR.TO) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the quarter ending June 30, 2021:

Shares                                            TSX Stock Symbol  Dividend per Share
Common Shares                                     BIR               $0.005
Cumulative Redeemable Preferred Shares, Series A  BIR.PR.A          $0.523375
Cumulative Redeemable Preferred Shares, Series C  BIR.PR.C          $0.4375

The dividends are payable on June 30, 2021 to shareholders of record at the close of business on June 15, 2021. The ex-dividend date is June 14, 2021.

All of the dividends have been designated as eligible dividends for the purposes of the Income Tax Act (Canada).

About Birchcliff:

Birchcliff is a Calgary, Alberta based intermediate oil and natural gas company with operations concentrated within its one core area, the Peace River Arch of Alberta. Birchcliff's common shares and cumulative redeemable preferred shares, Series A and Series C, are listed for trading on the Toronto Stock Exchange under the symbols "BIR", "BIR.PR.A" and "BIR.PR.C", respectively.

For further information, please contact:
Birchcliff Energy Ltd.           Jeff Tonken - President and Chief Executive Officer
Suite 1000, 600 - 3 Avenue S.W.
Calgary, Alberta T2P 0G5         Bruno Geremia - Vice-President and Chief Financial Officer
Telephone: (403) 261-6401

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