Birchcliff Energy Ltd. announced The Board has approved an annual base dividend of $0.40 per common share for 2024. This annual base dividend will be declared and paid quarterly at the rate of $0.10 per common share, at the discretion of the Board. In connection therewith, the Board has declared a quarterly cash dividend of $0.10 per common share for the quarter ending March 31, 2024.

The dividend will be payable on March 28, 2024 to shareholders of record at the close of business on March 15, 2024. The ex-dividend date is March 14, 2024. The dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada).