Northern Blizzard Announces January 2016 Dividend
CALGARY, ALBERTA (January 15, 2016) – Northern Blizzard Resources Inc. (“Northern Blizzard”) (TSX: NBZ) announced today a dividend of $0.04 per common share for January 2016. The dividend will be payable on February 16, 2016 to shareholders of record on January 29, 2016. This dividend has been designated as an eligible dividend under the Income Tax Act (Canada).
Northern Blizzard offers a Stock Dividend Program (“SDP”) where shareholders may elect to receive their dividends in the form of common shares in lieu of receiving a cash dividend on the dividend payment date. Participation in the SDP is optional; additional information can be found on Northern Blizzard’s website at www.northernblizzard.com or by contacting your financial institution or investment advisor. The availability of the SDP and the respective terms and conditions are subject to the discretion of Northern Blizzard’s Board of Directors.
Northern Blizzard is a Calgary, Alberta based Canadian crude oil production and development company focused on maximizing oil recovery from its large-scale low viscosity heavy oil resource base. The corporation’s operations, infrastructure and concentrated land position are focused in the Kerrobert and Lloydminster areas of Saskatchewan. Northern Blizzard’s common shares trade on the Toronto Stock Exchange under the symbol NBZ.
For further information about Northern Blizzard Resources Inc., please visit our website at www.northernblizzard.com or contact:
Northern Blizzard Resources Inc.
Chairman & Chief Executive Officer
Vice President, Finance & Chief Financial Officer