Stock Name: TEI
Amount: CAD 0.135
Announcement Date: 22/11/2012
Record Date: 28/11/2012
Dividend Detail:
CALGARY, Nov. 22, 2012 /CNW/ - Toscana Energy Income Corporation ("Toscana Energy" or the "Company")
(TSX Venture: TEI) confirms that the cash dividend of $0.135 per common share (or the
equivalent of $0.405 per common share on a quarterly basis) to be paid
on December 17, 2012 in respect of November 2012 production of the
Company for shareholders of record on November 30, 2012.�� The
ex-dividend date is November��28, 2012.�� Once paid, total cash dividends
distributed by the Company to its shareholders during the 2012 calendar
year will be approximately $1.60 per common share.
About Toscana Energy Income Corporation
Toscana Energy Income Corporation is a conventional oil and gas producer
with the mandate to acquire high quality, long life oil and gas assets
including royalties, non-operated working interests and unitized
production for yield and capital appreciation. Toscana Energy Income
Corporation is managed by Sprott Toscana through Toscana Energy
Corporation. Sprott Toscana is a member of the Sprott Group of
Companies.
About Sprott Toscana
Sprott Toscana (formerly Toscana Merchant Group) is a team of
Calgary-based energy specialists that manage three separate businesses:
Toscana Energy Income Corporation (through Toscana Energy Corporation),
Toscana Financial Income Trust and Maple Leaf Energy Income LPs. In
July 2012, Toscana Merchant Group joined the Sprott Group of Companies
when it was acquired by Sprott Inc. (TSX: SII), Canada's leading
alternative asset manager and a global leader in resource investing.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Toscana Energy Income Corporation
For further information:
please visit our website at��www.sprott-toscana.com or contact:
Joseph S. Durante, Chief Executive Officer
Tel:��(403) 410-6793
Fax:��(403) 444-0090
E-Mail:��jdurante@toscanacapital.com
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