SOURCE ROCK ROYALTIES DECLARES MONTHLY DIVIDEND
Canada NewsWire
CALGARY, AB, Feb. 14, 2025
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./
CALGARY, AB, Feb. 14, 2025 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in cash on March 14, 2025 to shareholders of record on February 28, 2025.
This dividend is designated as an "eligible dividend" for Canadian income tax purposes.
About Source Rock Royalties Ltd.
Source Rock is a pure-play oil and gas royalty company with an existing portfolio of oil royalties in southeast Saskatchewan, central Alberta and west-central Saskatchewan. Source Rock targets a balanced growth and yield business model, using funds from operations to pursue accretive royalty acquisitions and to pay dividends. By leveraging its niche industry relationships, Source Rock identifies and acquires both existing royalty interests and newly created royalties through collaboration with industry partners. Source Rock's strategy is premised on maintaining a low-cost corporate structure and achieving a sustainable and scalable business, measured by growing funds from operations per share and maintaining a strong netback on its royalty production.
Contact Information
For more information about Source Rock, visit www.sourcerockroyalties.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.
SOURCE Source Rock Royalties Ltd.
View original content: http://www.newswire.ca/en/releases/archive/February2025/14/c6743.html
/CONTACT:
Contact Brad Docherty, Chairman, President & CEO at brad@sourcerockroyalties.com.
Copyright CNW Group 2025
(END) Dow Jones Newswires
February 14, 2025 08:00 ET (13:00 GMT)
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