COMMON SHARE DIVIDENDS SEDAR View our public documents here INVESTOR RELATIONS Sign up here to receive press releases as they come out submit Subject to the approval of the Board of Directors of Birchcliff, it is currently intended that dividends will be paid on the outstanding common shares on the last day of March, June, September and December in each year, or the following business day if the dividend payment date falls on a weekend or holiday. Birchcliff advises that all common share dividends paid have been and will be designated as “eligible dividends” for the purposes of the Income Tax Act (Canada). This designation will apply until a notification of a change is posted on this website. TAXATION INFORMATION FOR UNITED STATES RESIDENTS The following information is provided to holders or potential holders of common shares of Birchcliff for general information purposes only. Investors are encouraged to seek advice from a qualified tax advisor in the United States to obtain guidance with respect to the appropriate tax treatment of their common share dividends. It has been determined that Birchcliff should be a “Qualified Foreign Corporation” and, subject to the holding period requirements discussed below, the dividend portion of its distributions should be considered “Qualified Dividends” for U.S. federal income tax purposes, and thus be eligible for the reduced tax rates applicable to long-term capital gains. In order to qualify for the preferential capital gains rate discussed above, a United States shareholder must own the common shares for more than 60 days during the 120-day period beginning 60 days before the ex-dividend date. Pursuant to the Canada – U.S. Tax Treaty, distributions paid to residents of the United States may be subject to a 15% Canadian withholding tax on 100% of the gross distribution. Amounts paid for foreign taxes may be eligible for a foreign tax credit in the United States; however, the foreign tax credit is subject to numerous limitations imposed by the Internal Revenue Code which are not discussed in this summary. This information is not intended to be an exhaustive discussion of all possible income tax consequences, but a general guideline. It is not intended to be legal or tax advice to any particular holder or potential holder of common shares of Birchcliff. The holders or potential holders of common shares of Birchcliff should consult their own tax advisors as to their particular tax consequences and reporting obligations. DIVIDEND HISTORY FOR COMMON SHARES Declared Record Payable On Type Amount(CDN$) September 1, 2021 September 15, 2021 October 1, 2021 Quarterly, Cash $0.005 May 31, 2021 June 15, 2021 June 30, 2021 Quarterly, Cash $0.005 February 23, 2021 March 15, 2021 March 31, 2021 Quarterly, Cash $0.005 November 25, 2020 December 15, 2020 December 31, 2020 Quarterly, Cash $0.005 September 1, 2020 September 15, 2020 September 30, 2020 Quarterly, Cash $0.005 June 2, 2020 June 15, 2020 June 30, 2020 Quarterly, Cash $0.005 February 26, 2020 March 16, 2020 March 31, 2020 Quarterly, Cash $0.02625 November 26, 2019 December 16, 2019 December 31, 2019 Quarterly, Cash $0.02625 September 3, 2019 September 16, 2019 September 30, 2019 Quarterly, Cash $0.02625 June 4, 2019 June 17, 2019 July 2, 2019 Quarterly, Cash $0.02625 February 13, 2019 March 15, 2019 April 1, 2019 Quarterly, Cash $0.02625 November 28, 2018 December 17, 2018 December 31, 2018 Quarterly, Cash $0.025 September 5, 2018 September 17, 2018 October 1, 2018 Quarterly, Cash $0.025 May 29, 2018 June 15, 2018 July 3, 2018 Quarterly, Cash $0.025 February 28, 2018 March 15, 2018 April 2, 2018 Quarterly, Cash $0.025 November 30, 2017 December 15, 2017 January 2, 2018 Quarterly, Cash $0.025 September 5, 2017 September 15, 2017 October 2, 2017 Quarterly, Cash $0.025 May 30, 2017 June 15, 2017 June 30, 2017 Quarterly, Cash $0.025 March 1, 2017 March 15, 2017 March 31, 2017 Quarterly, Cash $0.025 Phone: (403) 261-6401 Fax: (403) 261-6424 Emergency (24 hours) 1-866-566-2923 Legal Advisories Site Map Privacy Policy 2021 Birchcliff Energy Ltd. All Rights Reserved.