Highlights

  • Monthly dividend of CAD 0.01 per share declared, payable June 30, 2025
  • Dividend Reinvestment Plan offers 3% discount on shares issued from treasury
  • Enrollment deadline for registered shareholders is five business days before the record date

Petrus Resources Ltd. (TSX: PRQ) is a publicly traded Canadian oil and gas company focused on property development, selective acquisitions, and exploration activities in Alberta. The company’s operations primarily target conventional resource plays in Western Canada.

The company has announced that its Board of Directors has approved a monthly dividend of CAD 0.01 per common share. The dividend will be paid on June 30, 2025, to shareholders of record as of June 16, 2025. The payment has been designated as an eligible dividend for Canadian income tax purposes.

Petrus also highlighted the continued availability of its Dividend Reinvestment Plan (DRIP), which allows eligible shareholders to reinvest their cash dividends into additional common shares of the company. Under the DRIP, common shares are issued from treasury at a 3% discount to the prevailing market price. Participation in the DRIP is optional and subject to eligibility.

To participate in the DRIP, registered shareholders must submit a properly completed enrollment form to Odyssey Trust Company, the plan’s administrator. This form must be received by Odyssey before 4:00 p.m. (Calgary time) on the fifth business day prior to the dividend record date in order to be effective for the upcoming dividend.

Beneficial shareholders those whose shares are held through brokers or other nominees should contact their intermediary to confirm eligibility and arrange participation. The DRIP offers a mechanism for shareholders to increase their equity in the company without incurring transaction fees. Shares acquired under the plan are issued directly from treasury, thereby raising capital for the company.

The June 2025 dividend announcement aligns with the company’s established policy of returning capital to shareholders on a regular basis. The dividend and the DRIP are subject to applicable regulatory requirements and may be amended or discontinued at the discretion of the company’s Board of Directors.