Monday, March 26, 2012

SPZ - <span class="simulate_din_font">Sprott Power Corp. Announces Quarterly Dividend</span> (CAD 0.01)

Company: Sprott Power Corp
Stock Name: SPZ
Amount: CAD 0.01
Announcement Date: 26/03/2012
Record Date: 02/04/2012

Dividend Detail:

TORONTO, March 26, 2012 /CNW/ - Sprott Power Corp. (TSX:SPZ), a
developer, owner and operator of renewable energy projects, today
announced that its Board of Directors has approved the payment of a
quarterly cash dividend of $0.01 per share payable on April 16, 2012 to
shareholders of record as of the close of business on April 4, 2012.

Sprott Power's Board of Directors will review the dividend policy from
time to time taking into consideration the Company's cash flow,
earnings, working capital requirements, financial position and other
relevant factors.

About Sprott Power Corp.

Sprott Power is a publicly-traded (TSX: SPZ) Canadian-based company
dedicated to the development, owning and operating of renewable energy
projects. Through project development efforts, acquisitions,
partnerships and joint ventures, Sprott Power provides its shareholders
with income and growth from the renewable power generation sector of
the energy industry.

Forward-Looking Statements

Certain information contained in this press release may constitute
"forward-looking information" which reflects the current expectations
of Sprott Power. This information reflects Sprott Power's current
beliefs with respect to future events and are based on information
currently available to management. Forward-looking information involves
significant known and unknown risks, uncertainties and assumptions.
Many factors could cause actual results, performance or achievements to
be materially different from any future results, performance or
achievements that may be expressed or implied by such forward-looking
information including, without limitation, the risks listed under the
heading "Risk and Uncertainties" in the Management Discussion and
Analysis of Financial Results dated June 13, 2011.�� Should one or more
of these risks or uncertainties materialize, or should assumptions
underlying the forward-looking information prove incorrect, actual
results, performance or achievements could vary materially from those
expressed or implied by the forward-looking information contained in
this release. Although forward-looking information contained in this
release is based upon what Sprott Power believes to be reasonable
assumptions, management cannot assure investors that actual results,
performance or achievements will be consistent with this
forward-looking information. The forward-looking information is made as
of the date of this release and Sprott Power does not assume any
obligation to update or revise it to reflect new events or
circumstances, except as required by law.��

For further information:

Jeff Jenner, CA, CBV
President and Chief Executive Officer
Sprott Power Corp.

Babak Pedram
Investor Relations
The Equicom Group
416-815-0700 ext. 264

No comments:

Post a Comment