Lightstream Resources Ltd.
TSX : LTS

Lightstream Resources Ltd.

January 15, 2014 16:19 ET

Lightstream Confirms January Dividend

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Lightstream Resources Ltd. ("Lightstream") (TSX:LTS) is pleased to announce that our dividend for the month of January will be paid on February 18, 2014 to all Lightstream shareholders of record on January 31, 2014. The January dividend will be $0.04 per Lightstream share. The ex-dividend date is January 29, 2014.

As previously announced, the dividend reinvestment plan and share dividend plan have been terminated effective December 2013. As a result, this dividend will be paid in cash to all shareholders.

Lightstream Resources Ltd. is an oil and gas exploration and production company combining light oil Bakken and Cardium resource plays with conventional light oil assets, delivering industry leading operating netbacks, strong cash flows and production growth. Lightstream is applying leading edge technology to a multi-year inventory of Bakken and Cardium light oil development locations, along with a significant inventory of opportunities in the Horn River and Montney gas resource plays in northeast BC. Our strategy is to deliver accretive production and reserves growth, along with an attractive dividend yield.

Contact Information

  • Lightstream Resources Ltd.
    John D. Wright
    President and Chief Executive Officer
    403.268.7800

    Lightstream Resources Ltd.
    Peter D. Scott
    Senior Vice President and Chief Financial Officer
    403.268.7800

    Lightstream Resources Ltd.
    William (Bill) A. Kanters
    Vice President Capital Markets
    403.268.7800

    Eighth Avenue Place, 2800, 525 - 8th Avenue S.W.
    Calgary, Alberta T2P 1G1
    403.268.7800
    403.218.6075 (FAX)
    ir@lightstreamres.com
    www.lightstreamresources.com