Stock Name: VSN
Amount: CAD 0.275
Announcement Date: 07/09/2012
Record Date: 12/09/2012
Dividend Detail:
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
CALGARY, Sept. 7, 2012 /CNW/ - Veresen Inc. ("Veresen") (TSX: VSN) today
announced that its Board of Directors has declared the regular
quarterly cash dividend of $0.275 per share for the period ended
September 30, 2012 on its Cumulative Redeemable Preferred Shares,
Series A.�� The dividend will be paid on September 30, 2012 to
shareholders of record at the close of business on September 14, 2012.
This dividend is designated an "eligible dividend" for Canadian income
tax purposes.
About Veresen Inc.
Veresen is a publicly-traded dividend paying corporation based in
Calgary, Alberta, that owns and operates energy infrastructure assets
across North America. Veresen is engaged in three principal businesses:
a pipeline transportation business comprised of interests in two
pipeline systems, the Alliance Pipeline and the Alberta Ethane
Gathering System; a midstream business which includes ownership
interests in a world-class natural gas liquids extraction facility near
Chicago, the Hythe/Steeprock gas gathering and processing complex, and
other natural gas and NGL processing energy infrastructure; and a power
business with renewable and gas-fired facilities and development
projects in Canada and the United States, and district energy systems
in Ontario and Prince Edward Island. Veresen and each of its pipeline,
midstream and power businesses are also actively developing a number of
greenfield projects. In the normal course of its business, Veresen and
each of its businesses regularly evaluate and pursue acquisition and
development opportunities.
Veresen's common shares, Series A preferred shares, and 5.75%
convertible unsecured subordinated debentures, Series C due July 31,
2017 are listed on the Toronto Stock Exchange under the symbols "VSN" ,
"VSN.PR.A" and VSN.DB.C", respectively. For further information, please
visit www.vereseninc.com.
SOURCE: Veresen Inc.
For further information:
Dorreen Miller, Director Investor Relations
Phone: (403) 213-3633
Email:��investor-relations@vereseninc.com
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