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TORONTO, ONTARIO--(Marketwired - May 22, 2014) - McChip Resources Inc. (TSX VENTURE:MCS) is pleased to announce the declaration of a dividend in the amount of $0.05 per common share, payable on June 19, 2014 to shareholders of record on June 5, 2014, the ex dividend date will be June 3, 2014. The dividend is considered ineligible for income tax purposes. It is the current intention of the company to continue to pay dividends, the amounts and the payment dates, to be determined after a review of cash available from oil and gas operations and the continuation of royalty payments from Potash Corporation of Saskatchewan Inc. THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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McChip Resources Inc.
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CODE : MCS.V |
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ISIN : CA5799031052 |
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McChip Res. is a gold exploration company based in Canada. McChip Res. holds various exploration projects in Canada. Its main exploration properties are BARNET TWP - GLIMMER RES, DE CARLO PROJECT and BARNET TWP in Canada. McChip Res. is listed in Canada. Its market capitalisation is CA$ 3.5 millions as of today (US$ 2.6 millions, € 2.3 millions). Its stock quote reached its lowest recent point on December 12, 2002 at CA$ 0.09, and its highest recent level on December 31, 2007 at CA$ 4.38. McChip Res. has 5 660 096 shares outstanding. |