TSX: TVE
CALGARY, AB, Sept. 15, 2025/ CNW/ – Tamarack Valley Energy Ltd. is pleased to reveal the statement of its month-to-month dividend.
Dividend Statement
Tamarack’s Board of Directors has actually stated a month-to-month money dividend on its typical shares of C$ 0.01275 per share in accordance with the Business’s dividend policy. The dividend will be payable on October 15, 2025, to investors of record at the close of company on September 30, 2025 This month-to-month money dividend is designated as a qualified dividend for Canadian earnings tax functions.
About Tamarack Valley Energy Ltd.
Tamarack is a corporation took part in the expedition, advancement, production and sale of oil and gas in the Western Canadian Sedimentary Basin. The Business is presently establishing 2 core tasks in Northern Alberta— a Clearwater heavy oil position at Nipisi, Marten Hills and South Clearwater and a Charlie Lake light oil position at Valhalla, Wembley and Pipestone Tamarack holds a comprehensive stock of low-risk, oil advancement drilling areas and is pursuing boosted oil healing upside throughout the Business’s core property locations. Tamarack is devoted to developing long-lasting worth for its investors through sustainable complimentary funds circulation generation, monetary stability and the return of capital. The Business is openly traded on the Toronto Stock Market under the sign “TVE”. For additional information, check out www.tamarackvalley.ca.
Reader Advisories
Forward Looking Details
This news release includes specific positive details (jointly described herein as “positive declarations”) within the significance of suitable Canadian securities laws. Positive declarations are typically, however not constantly, determined by the usage of words such as “assistance”, “outlook”, “expect”, “target”, “strategy”, “continue”, “plan”, “think about”, “price quote”, “anticipate”, “might”, “will”, “need to”, “might” or comparable words recommending future results. This news release includes positive declarations worrying: Tamarack’s company technique, goals, strength and focus; the future statement and payment of dividends and the timing and quantity thereof; prospective NCIB purchases and the awaited benefits to investors of the NCIB. Future dividend payments and share buybacks, if any, and the level thereof, doubt, as the Business’s return of capital structure and the funds offered for such activities from time to time depends on, to name a few things, complimentary funds circulation monetary requirements for the Business’s operations and the execution of its development technique, changes in working capital and the timing and quantity of capital investment, financial obligation service requirements and other aspects beyond the Business’s control. Even more, the capability of Tamarack to pay dividends and buyback shares will undergo suitable laws (consisting of the complete satisfaction of the solvency test included in suitable business legislation) and legal limitations included in the instruments governing its insolvency.
The positive declarations included in this file are based upon specific crucial expectations and presumptions made by Tamarack, consisting of those associating with: business strategy of Tamarack; the timing of and success of future drilling, advancement and conclusion activities; the geological attributes of Tamarack’s homes; the continued effective combination of gotten properties into Tamarack’s operations; dominating product costs, rate volatility, rate differentials and the real costs got for the Business’s items; the schedule and efficiency of drilling rigs, centers, pipelines and other oilfield services; the timing of previous operations and activities in the prepared locations of focus; the drilling, conclusion and tie-in of wells being finished as prepared; the efficiency of brand-new and existing wells; the application of existing drilling and fracturing strategies; dominating weather condition and separation conditions; royalty routines and currency exchange rate; effect of inflation on expenses; the application of regulative and licensing requirements; the ongoing schedule of capital and competent workers; the capability to keep or grow the banking centers; the precision of Tamarack’s geological analysis of its drilling and land chances, consisting of the capability of seismic activity to improve such analysis; and Tamarack’s capability to perform its strategies and techniques.
Although management thinks about these presumptions to be affordable based upon details presently offered, unnecessary dependence needs to not be put on the positive declarations since Tamarack can provide no guarantees that they might show to be right. By their very nature, positive declarations go through specific dangers and unpredictabilities (both basic and particular) that might trigger real occasions or results to vary materially from those expected or suggested by such positive declarations. These dangers and unpredictabilities consist of, however are not restricted to: dangers with regard to unintended 3rd party pipeline interruptions and dangers associating with inclement and serious weather condition occasions and natural catastrophes, such as fire, dry spell and flooding, consisting of in regard of security, property stability and shutting-in production; the threat that future dividend payments are lowered, suspended or cancelled or that Tamarack will not have the ability to accomplish the awaited advantages of the NCIB; unpredicted problems in incorporating of just recently gotten properties into Tamarack’s operations; inaccurate evaluations of the worth of advantages to be gotten from acquisitions and expedition and advancement programs; dangers related to the oil and gas market in basic (e.g. functional dangers in advancement, expedition and production; and hold-ups or modifications in strategies with regard to expedition or advancement tasks or capital investment); product costs, consisting of the effect of the actions of OPEC and OPEC+ members; modifications in legislation, consisting of however not restricted to tariffs, tax laws, royalties and ecological policies (consisting of greenhouse gas emission decrease requirements and other decarbonization or social policies and consisting of unpredictability with regard to the analysis of omnibus Costs C-59 and the associated modifications to the Competitors Act ( Canada)); the imposition or growth of tariffs enforced by domestic and foreign federal governments or the imposition of other limiting trade procedures, vindictive or countermeasures executed by such federal governments, consisting of the intro of regulative barriers to trade and the prospective result on the need and/or market value for the Business’s items and/or otherwise negatively impacts the Business; the unpredictability of price quotes and forecasts associating with production, money generation, expenses and expenditures, consisting of increased operating and capital expenses due to inflationary pressures; health, security, lawsuits and ecological dangers; access to capital; and pandemics. In addition, continuous military actions in between Russia and Ukraine and the current crisis in Israel and Gaza have the prospective to threaten the supply of oil and gas from those areas. The long-lasting effects of the actions in between these countries stays unpredictable. Due to the nature of the oil and gas market, drilling strategies and functional activities might be postponed or customized to react to market conditions, outcomes of previous operations, regulative approvals or schedule of services triggering outcomes to be postponed.
Please describe the Business’s yearly details type for the year ended December 31, 2024, and management’s conversation and analysis for the duration ended June 30, 2025, for extra threat aspects associating with Tamarack, which can be accessed either on Tamarack’s site at www.tamarackvalley.ca or under the Business’s profile on www.sedarplus.ca. The positive declarations included in this news release are made since the date hereof and the Business does not carry out any responsibility to upgrade openly or to modify any of the consisted of positive declarations, other than as needed by suitable law. The positive declarations included herein are specifically certified by this cautionary declaration.
SOURCE Tamarack Valley Energy Ltd.