Topaz Energy Corp. announced that the dividend increase to $1.20 per share, (paid $0.30 per share on a quarterly basis), demonstrates Topaz's strategy to continue to provide modest and sustainable dividend increases alongside strategic growth and will commence for the fourth quarter of 2022 dividend.(3)  In regard to the Company's previously announced third quarter dividend of $0.28 per share, in honor of the National Day for Truth and Reconciliation, the dividend will be paid September 29, 2022.