CALGARY, May 14, 2014 /CNW/ - AKITA Drilling Ltd.'s Board of Directors
approved the payment of an increased quarterly dividend to
AKITA Drilling Ltd.'s Board of Directors approved an ordinary cash
dividend of eight and one half cents ($0.085) per share on the
Outstanding Class A Non-Voting and Class B Common shares of the
Corporation for payment on July 2, 2014 to shareholders of record at
the close of business June 18, 2014. This dividend is an eligible dividend for Canadian Income Tax Purposes.
AKITA is an Alberta corporation engaged in the contract drilling
business and is listed on the Toronto Stock Exchange under the symbol
SOURCE: AKITA Drilling Ltd.
For further information:
Mr. Murray Roth
Vice President, Finance and Chief Financial Officer