CALGARY, Dec. 17, 2015 /CNW/ - Canyon Services Group Inc. ("Canyon") is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.03 (three cents) per share for holders of Canyon common shares. The dividend will be paid on January 25, 2016 to shareholders of record on January 11, 2016.
Shareholders are advised that this dividend is designated as an "eligible dividend" for Canadian income tax purposes.
Canyon would also like to officially announce the retirement of Joe Peskunowicz from the executive team at Canyon effective December 31, 2015. The management and Board of Directors of Canyon would like to thank Mr. Peskunowicz for his valuable contributions to the company over the past 11 years.
Canyon's common shares trade on the Toronto Stock Exchange under the symbol "FRC". Canyon provides high-quality fracturing and related stimulation services to the oil and gas industry in the Western Canadian Sedimentary Basin.
SOURCE Canyon Services Group Inc.
For further information: Brad Fedora, President and CEO, Canyon Services Group Inc., 2900 Bow Valley Square III, 255 - 5th Avenue SW, Calgary, Alberta, T2P 3G6, Phone: 403-290-2491, Fax: 403-355-2211; Barry O'Brien, Vice President, Finance and CFO, Canyon Services Group Inc., 2900 Bow Valley Square III, 255 - 5th Avenue SW, Calgary, Alberta, T2P 3G6, Phone: 403-290-2478, Fax: 403-355-2211