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Cardinal Energy Ltd. Confirms Monthly Dividend for June

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FOR: CARDINAL ENERGY LTD.
TSX SYMBOL: CJ

Date issue: June 14, 2017
Time in: 5:30 PM e

Attention:

CALGARY, ALBERTA--(Marketwired - June 14, 2017) - Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on July 17, 2017 to shareholders of record on June 30, 2017. 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.

About Cardinal Energy Ltd.

Cardinal is a junior Canadian oil focused company built to provide investors with a stable platform for dividend income and growth. Cardinal's operations are focused in all season access areas in Alberta.

- END RELEASE - 14/06/2017

For further information:
Cardinal Energy Ltd.
M. Scott Ratushny
CEO
(403) 234-8681
OR
Cardinal Energy Ltd.
Laurence Broos
VP Finance
(403) 234-8681
www.cardinalenergy.ca

COMPANY:
FOR: CARDINAL ENERGY LTD.
TSX SYMBOL: CJ

INDUSTRY: Energy and Utilities - Oil and Gas
RELEASE ID: 20170614CC0057

Press Release from Marketwired 1-866-736-3779

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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