The Board of Directors of Pulse Seismic Inc. approved a quarterly dividend of $0.0125 per share. The total of the regular dividend will be approximately $672,000 based on Pulse's 53,733,117 common shares outstanding as of April 20, 2022, to be paid on May 24, 2022 to shareholders of record on May 16, 2022. This dividend is designated as an eligible dividend for Canadian income tax purposes.

For non-resident shareholders, Pulse's dividends are subject to Canadian withholding tax.