TORONTO, ONTARIO--(Marketwire - Nov. 24, 2011) - McChip Resources Inc. (TSX VENTURE:MCS) is pleased to announce the declaration of a dividend in the amount of $0.10 per common share, payable on December 16, 2011 to shareholders of record on December 9, 2011, the ex dividend date will be December 7, 2011.
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 commencement of royalty payments from Potash Corporation of Saskatachewan 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.
Contact Information:
McChip Resources Inc.
Edward G. Dumond
Corporate Secretary
416.364.2173
416.814.3965 (FAX)
Edward G. Dumond
Corporate Secretary
416.364.2173
416.814.3965 (FAX)