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GEODRILL DECLARES CAD$0.03 SEMI-ANNUAL DIVIDEND

Newswire.ca - Tue Sep 27, 2022

TORONTO, Sept. 27, 2022 /CNW/ - Geodrill Limited ("Geodrill" or the "Company") (TSX: GEO) (OTCQX: GEODF), a leading West African based drilling company, today announced that the Board of Directors has declared a semi-annual dividend. The semi-annual dividend, in the amount of CAD$0.03 per share, is payable on October 21, 2022 to the shareholders of record at the close of business on October 7, 2022. This second semi-annual dividend for 2022 will result in a total of CAD$0.06 being returned to shareholders in 2022 (total dividends of CAD$0.02 returned to shareholders in 2021).

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