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Cardinal Energy Ltd

12:43 PM EST - Cardinal Energy Ltd : Confirms that our October dividend of $0.06 per common share will be paid on November 15, 2022 to shareholders of record on October 31, 2022. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. Cardinal expects to reach the final milestone of its Three Phase 2022 Debt Repayment / Shareholder Return Plan in the fourth quarter. Cardinal Energy Ltd shares T.CJ are trading up $0.08 at $8.48.