TORONTO, ONTARIO--(Marketwired - May 6, 2014) - Matachewan Consolidated Mines, Limited (TSX VENTURE:MCM.A) is pleased to announce the declaration of a dividend in the amount of $0.025 per common share, payable on May 22, 2014 to shareholders of record on May 15, 2014, the ex dividend date will be May 13, 2014.
It is the current intention of the company to continue to pay dividends, the amounts and the payment dates, to be determined after a review of cash available from oil and gas operations, the continuity of royalty payments from Aurico Gold Inc. and investment income.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
This news release may contain forward looking statement based on assumptions and judgements of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.
Contact Information:
Edward G. Dumond
Corporate Secretary
416.364.2173
416.814.3965 (FAX)