Petrus Resources Announces Monthly Dividend and DRIP Plan

News related to:Petrus Resources Ltd · 1 min read

CALGARY, Alberta, Oct. 01, 2026 /CourierPR/ -- Petrus Resources Ltd., a public Canadian oil and gas company focused on property exploitation, strategic acquisitions, and risk-managed exploration in Alberta, has announced a monthly dividend. The Board of Directors has declared a monthly dividend in the amount of $0.01 per share, payable on October 30, 2026, to shareholders of record on October 15, 2026. The dividend is designated as an eligible dividend for Canadian income tax purposes.

Petrus Resources Ltd. has also introduced its Dividend Reinvestment Plan (DRIP) to eligible shareholders. The DRIP enables shareholders to reinvest all or part of their cash dividends into additional common shares of the Company. Participation in the DRIP is optional. Eligible shareholders who elect to reinvest their cash dividends under the DRIP will receive common shares issued from treasury at a discount of 3% from the market price of the common shares. To participate in the DRIP, registered shareholders must deliver a properly completed enrollment form to Odyssey Trust Company ("Odyssey") before 4:00 p.m. (Calgary time) on the 5th business day immediately preceding a dividend record date. Beneficial shareholders who wish to participate in the DRIP should contact their broker or other nominee through which their Common Shares are held to determine their eligibility and provide appropriate enrollment instructions. Participation by shareholders that are not resident in Canada may be restricted.

Petrus Resources Ltd. is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions, and risk-managed exploration in Alberta. The company's announcement of the monthly dividend and the DRIP is expected to provide shareholders with additional investment options and potentially increase shareholder value.

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