{"id":41337,"date":"2025-06-02T18:28:59","date_gmt":"2025-06-02T12:58:59","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/2025\/06\/02\/pine-cliff-energy-ltd-declares-monthly-dividend-for-june-30-2025-and-announces-renewal-and-extension-of-debt-facilities\/"},"modified":"2025-06-02T18:28:59","modified_gmt":"2025-06-02T12:58:59","slug":"pine-cliff-energy-ltd-declares-monthly-dividend-for-june-30-2025-and-announces-renewal-and-extension-of-debt-facilities","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2025\/06\/02\/pine-cliff-energy-ltd-declares-monthly-dividend-for-june-30-2025-and-announces-renewal-and-extension-of-debt-facilities\/","title":{"rendered":"Pine Cliff Energy Ltd. Declares Monthly Dividend for June 30, 2025 and Announces Renewal and Extension of Debt Facilities"},"content":{"rendered":"

Calgary, Alberta–(Newsfile Corp. – June 2, 2025) – Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) (“Pine Cliff” or the “Company”) has declared a regular monthly dividend of $0.00125 per common share to be paid June 30, 2025, to shareholders of record on June 16, 2025. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. <\/p>\n

Renewal and Extension of Debt Facilities<\/p>\n

Pine Cliff is pleased to announce it has finalized the renewal of its demand loan with a Canadian chartered bank at $15 million. The reduction to $12 million that was previously scheduled for May 31 has been eliminated.<\/p>\n

The Company has also amended the agreement with its term debt holder to reduce its annual scheduled amortization payments to 7.5% of the initial principal balance from 15.0% previously, while also extending the maturity date on the facility to January 3, 2028. The dividend-linked amortization payments introduced in late 2024 have been eliminated.<\/p>\n

About Pine Cliff<\/p>\n

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value. Further information relating to Pine Cliff may be found on sedarplus.ca as well as on Pine Cliff’s website at www.pinecliffenergy.com<\/a>.<\/p>\n

For further information, please contact:<\/p>\n

\n

Philip B. Hodge – President and CEO
Kristopher B. Zack – CFO and Corporate Secretary
Telephone: (403) 269-2289
Fax: (403) 265-7488
Email: info@pinecliffenergy.com <\/a><\/p>\n<\/div>\n

The TSX does not accept responsibility for the accuracy of this release.<\/p>\n<\/p>\n

To view the source version of this press release, please visit https:\/\/www.newsfilecorp.com\/release\/254088<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Calgary, Alberta–(Newsfile Corp. – June 2, 2025) – Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) (“Pine Cliff” or the “Company”) has declared a regular monthly dividend of $0.00125 per common share to be paid June 30, 2025, to shareholders of record on June 16, 2025. This dividend and future dividends are expected to be …<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[130],"tags":[],"class_list":["post-41337","post","type-post","status-publish","format-standard","","category-international"],"yoast_head":"\nPine Cliff Energy Ltd. 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