TORC Oil & Gas Ltd. Plans to Pay First Dividend, Payable on October 15, 2013; Announces Board Changes
July 17, 2013 at 08:49 pm
TORC Oil & Gas Ltd. announced that it expects to pay dividend of 10 cents per share per annum (pre-consolidation), payable monthly. The company expects to pay the first dividend to shareholders of record as at September 30, 2013, on October 15, 2013, assuming the acquisition closes by mid-September.
The company announced the company's will include John Brussa, Raymond Chan(chairman), Bruce Chernoff, Herman, Dave Johnson, Dale Shwed, Hank Swartout and Scott Lawrence from Canada Pension Plan Investment Board.