AvenEx Energy Corp.
TSX : AVF

March 21, 2011 17:04 ET

AvenEx Energy Corp. Monthly Dividend Declaration

CALGARY, ALBERTA--(Marketwire - March 21, 2011) - AvenEx Energy Corp. ("AvenEx") (TSX:AVF), formerly Avenir Diversified Income Trust, is pleased to announce that its Board of Directors have declared its regular monthly dividend for March 2011 of $0.045 per common share payable on April 15, 2011 to shareholders of record at the close of business on March 31, 2011.

The Board of Directors reviews the dividend on a monthly basis with monthly dividends expected to be paid on the 15th of the month. Shareholders are entitled to receive dividends only when any such dividends are declared by the Board of Directors and there is no entitlement to any dividend prior thereto.

For Canadian resident shareholders the dividend declared is designated as an "eligible dividend" for the purposes of the Income Tax Act (Canada) and any similar provincial legislation.

An electronic copy of this press release may be obtained on AvenEx's SEDAR profile at www.sedar.com.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • AvenEx Energy Corp.
    William Gallacher
    Chief Executive Officer
    (403) 237-9949
    (403) 237-0903 (FAX)
    or
    AvenEx Energy Corp.
    Gary Dundas
    Chief Financial Officer
    (403) 237-9949
    (403) 237-0903 (FAX)
    or
    AvenEx Energy Corp.
    Suite 300, 808 - 1st Street S.W.
    Calgary, Alberta
    T2P 1M9