Pinnacle Renewable Holdings Inc. will host its annual general meeting of shareholders (the “Meeting”) at 10:00 am on Thursday, June 21, 2018 at McCarthy Tetrault LLP, Suite 2400, 745 Thurlow Street in downtown Vancouver, B.C.
Pinnacle Renewable Holdings Inc., the parent company of Pinnacle Renewable Energy, is listed on the Toronto Stock Exchange under the trading symbol “PL”.
As at February 6, 2018, Pinnacle had 32,903,221 common shares issued and outstanding.
Pinnacle intends to pay quarterly dividends to it shareholders. The current quarterly dividend is approximately $0.15 per common share, or $0.60 per share on an annualized basis. Dividends will be declared and paid in arrears.
May 11, 2018
May 22, 2018
Amount per Common Share
(1) The Q1 2018 dividend is for the period beginning on February 6, 2018 (the closing date of Pinnacle’s Initial Public Offering) and ending on March 30, 2018. Subsequent quarterly dividend payments are expected to be $0.15 per share, reflecting full quarterly periods of operations as a public company.
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Each of our production facilities is located in close proximity to key fibre suppliers throughout B.C. and they are all located on major rail lines, ensuring efficient bulk transport of our wood pellets to one of two shipping terminals.