PrairieSky Royalty Declares January Dividend


CALGARY, ALBERTA--(Marketwired - Jan. 19, 2015) - PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.10833 per common share to be paid on February 17, 2015 to shareholders of record on January 30, 2015.

This dividend is designated as an "eligible dividend" for Canadian income tax purposes.

An updated corporate presentation is available on the investor information page of PrairieSky's website, http://www.prairiesky.com/investors.

About PrairieSky Royalty Ltd.

PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating stable free cash flow and that represent one of the largest and most concentrated independently-owned fee simple mineral title positions in Canada. PrairieSky common shares trade on the Toronto Stock Exchange under the symbol PSK.

Contact Information:

PrairieSky Royalty Ltd.
Investor Relations
(587) 293-4000

PrairieSky Royalty Ltd.
Cristina Lopez
VP, Corporate Development
(587) 293-4085
www.prairiesky.com