BURNABY, BC, Jan. 12, 2012 /CNW/ - Taiga Building Products Ltd (TSX:
TBL) & (TSX: TBL.NT) announces that it will not declare and pay the
second installment of its semi-annual dividend policy, with respect to
2011 fiscal year's net earnings.
The Board of Directors has determined that in light of moderate
financial performance, cash conservation and prudent business
investments continue to be a top priority. The Board of Directors
continues to support initiatives focused on strengthening the financial
profile of the company.
SOURCE Taiga Building Products Ltd.
For further information:
For further information regarding Taiga please contact:
CFO & Vice President, Finance and Administration
Manager, Corporate Planning