0.0225 per share monthly dividend---SPYGLASS RESOURCES CORP. ANNOUNCES JULY 2013 MONTHLY CASH DIVIDEND AND PARTICIPATION IN THE TD SECURITIES CALGARY ENERGY CONFERENCE
All values are in Canadian dollars unless otherwise indicated. Conversion of natural gas volumes to barrels of oil equivalent (boe) are at 6:1.
Calgary, Alberta – July 9, 2013. Spyglass Resources Corp. (“Spyglass”, or the "Company") (TSX: SGL) announces that the board of directors (the “Board”) has approved the July 2013 monthly cash dividend of $0.0225 per share payable on August 15, 2013 to shareholders of record on July 26, 2013. The ex-dividend date will be July 24, 2013.
The dividend policy of Spyglass is at the discretion of the Board and will be reviewed monthly in the context of a number of factors including current and forecast commodity prices, foreign exchange rates, an active commodity price risk management program, the status of current operations and future investment opportunities. Spyglass dividends paid on common shares will be designated as "eligible dividends" for Canadian income tax purposes.
TD Securities Calgary Energy Conference
Tom Buchanan, Chief Executive Officer of Spyglass, is pleased to be presenting at the TD Securities Calgary Energy Conference in Calgary, Alberta on Wednesday, July 10, 2013 at 9:35 a.m. MDT. A link to the presentation will be available on Spyglass’ website at www.spyglassresources.com.
For more information, please contact:
Spyglass Resources Corp.
Tom Buchanan
CEO
IR# 403.930.3524
ir@spyglassresources.com
www.spyglassresources.com
Dan O’Byrne
President
IR# 403.930.3524
ir@spyglassresources.com
www.spyglassresources.com
Dallas McConnell
VP Corporate Development & Investor Relations
IR# 403.930.3524
ir@spyglassresources.com
www.spyglassresources.com
