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Mullen Group Ltd. Announces Declaration of Monthly Dividend

Posted On April 18th
By : The Canadian Press
Comment: Off

FOR: MULLEN GROUP LTD.
TSX SYMBOL: MTL

Date issue: April 18, 2017
Time in: 1:37 PM e

Attention:

OKOTOKS, ALBERTA--(Marketwired - April 18, 2017) - The Board of Directors of Mullen Group Ltd. (TSX:MTL) ("Mullen Group" and/or the "Corporation") announced today that it has declared a monthly dividend of $0.03 per Common Share payable to the holders of record of Common Shares at the close of business on April 30, 2017. The dividend will be paid on May 15, 2017.

For Canadian resident shareholders, this dividend is designated as an "eligible dividend" for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation.

Mullen Group is a company that owns a network of independently operated businesses. The Corporation is recognized as one of the leading suppliers of trucking and logistics services in Canada and provides a wide range of specialized transportation and related services to the oil and natural gas industry in western Canada - two sectors of the economy in which Mullen Group has strong business relationships and industry leadership. The corporate office provides management and financial expertise, technology and systems support, shared services and strategic planning to its independent businesses.

Mullen Group is a publicly traded corporation listed on the Toronto Stock Exchange under the symbol "MTL". Additional information is available on our website at www.mullen-group.com or on SEDAR at www.sedar.com.

- END RELEASE - 18/04/2017

For further information:
Mr. Murray K. Mullen
Chairman of the Board, Chief Executive Officer and President
403-995-5200
403-995-5296 (FAX)
OR
Mr. P. Stephen Clark
Chief Financial Officer
403-995-5200
403-995-5296 (FAX)
OR
Mr. Richard J. Maloney
Senior Vice President
403-995-5200
403-995-5296 (FAX)

COMPANY:
FOR: MULLEN GROUP LTD.
TSX SYMBOL: MTL

INDUSTRY: Transportation and Logistics - Trucking RELEASE ID: 20170418CC0073

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All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Any questions that arise due to the content or information provided in the press release should be directed to the company/organization issuing the release, not to The Canadian Press.

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