Orca Energy Group Inc. Declares Significant Cash Dividend

Orca Energy Group Inc. Declares Attractive Dividend for Shareholders
Orca Energy Group Inc. is pleased to announce that its Board of Directors has officially declared a cash dividend of $0.10 (Cdn) per Class A Common Voting Share and $0.10 (Cdn) per Class B Subordinate Voting Share. This announcement highlights the company's ongoing commitment to delivering value to its shareholders. The dividends are scheduled to be paid out on October 15 to all shareholders recorded by September 30.
Profile of Orca Energy Group Inc.
Orca is a recognized international player within the natural gas sector, focused on exploration, development, and supply operations in Tanzania, primarily through its subsidiary, PanAfrican Energy Tanzania Limited. As a publicly traded company, Orca Energy Group Inc. operates on the TSX Venture Exchange under the ticker symbols ORC.A and ORC.B. Its strategic focus is to harness Tanzania's natural gas resources efficiently, contributing to energy security in the region and promoting sustainable development.
Commitment to Shareholders
The declaration of this dividend underscores Orca's extensive efforts to maintain strong returns for its investors. By distributing cash dividends, Orca not only rewards its existing shareholders but also attracts potential investors in the competitive energy market. The firm is well-positioned for growth and demonstrates resilience in adapting to industry changes.
Future Prospects and Developments
Orca Energy Group's strategic initiatives are focused on optimizing gas production and expanding its market presence. The company is committed to investing in technology and infrastructure to enhance operational efficiency and reduce production costs, ensuring that it remains competitive in the evolving landscape of the energy industry. Looking ahead, Orca plans to leverage opportunities in the Tanzanian gas market while exploring sustainable practices that align with global energy transition trends.
Contact Information
To learn more or for any inquiries, stakeholders are encouraged to reach out directly to the executive team:
Jay Lyons
Chief Executive Officer
ir@orcaenergygroup.com
+44-20 8434 2643
Lisa Mitchell
Chief Financial Officer
ir@orcaenergygroup.com
+44-20 8434 2643
Frequently Asked Questions
What is the recent dividend declared by Orca?
Orca Energy Group Inc. declared a cash dividend of $0.10 (Cdn) per share for both Class A and Class B shares.
When will the dividend be paid?
The dividend will be paid on October 15 to shareholders who are recorded as of September 30.
What are the ticker symbols for Orca Energy Group?
Orca Energy Group Inc. trades under the ticker symbols ORC.A and ORC.B on the TSX Venture Exchange.
What are Orca's main operations?
The company is focused on natural gas exploration, development, and supply primarily in Tanzania.
How can investors contact Orca Energy Group?
Investors can reach out to the company via the contact information provided for the CEO or CFO.
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