November 20, 2012 22:16 ET
CALGARY, ALBERTA--(Marketwire - Nov. 20, 2012) - AvenEx Energy Corp. (TSX:AVF) ("AvenEx"), is pleased to announce that its Board of Directors have declared its regular monthly dividend for November 2012 of $0.035 per common share payable on December 17, 2012 to shareholders of record at the close of business on November 30, 2012.
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.
AvenEx Energy Corp.William GallacherChief Executive Officer(403) 237-9949(403) 237-0903 (FAX)AvenEx Energy Corp.Gary DundasChief Financial Officer(403) 237-9949(403) 237-0903 (FAX)AvenEx Energy Corp.Suite 300, 808 - 1st Street S.W.Calgary, Alberta T2P 1M9
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