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MMT Mart Resources

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0.00 (0.00%)
Share Name Share Symbol Market Type
Mart Resources TSXV:MMT TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Mart Announces $0.05 Per Common Share Dividend

11/12/2013 12:30pm

Marketwired Canada


Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to
announce the declaration of a quarterly dividend of $0.05 per common share. The
dividend is payable on January 6, 2014 to shareholders of record at the close of
business on December 19, 2013. The ex-dividend date is December 17, 2013. 


Pursuant to the Company's dividend policy, the declaration of regular quarterly
dividends is determined quarterly based upon Mart's cash flows, liquidity,
capital expenditure budgets, earnings, financial condition and other factors as
the Board of Directors may consider appropriate from time to time. 


Additional information regarding Mart is available on the Company's website at
www.martresources.com and under the Company's profile on SEDAR at www.sedar.com.



Forward-Looking Statements and Risks

Certain statements contained in this press release constitute "forward-looking
statements" as such term is used in applicable Canadian and US securities laws.
Any statements that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions or future
events or are not statements of historical fact and should be viewed as
"forward-looking statements". These statements relate to analyses and other
information that are based upon forecasts of future results, estimates of
amounts not yet determinable and assumptions of management. Such forward looking
statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the Company
to be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. 


There is no assurance that future dividends will be declared or the timing or
amount of any future dividend. The payments of dividends or distributions in the
future are within the discretion of Mart's Board of Directors and are dependent
on numerous factors including the Company's cash flow, capital expenditure
budgets, earnings, financial condition, the satisfaction of the applicable
solvency test in the Company's governing statute (the Business Corporations Act
(Alberta)), and such other factors as the Board of Directors may consider
appropriate from time to time. Mart's ability to continue to pay dividends in
the future is also subject to many other factors including falling commodity
prices, repatriation restrictions, disruptions or reductions in production or
collection of receivables following sales of production. Dividend payments to
shareholders will be subject to applicable statutory deductions and tax
withholdings prescribed by applicable law.


There can be no assurance that such forward-looking statements will prove to be
accurate as actual results and future events could vary or differ materially
from those anticipated in such statements. Accordingly, readers should no place
undue reliance on forward-looking statements contained in this news release. The
forward-looking statements contained herein are expressly qualified by this
cautionary statement.


Forward-looking statements are made based on management's beliefs, estimates and
opinions on the date the statements are made and the Company undertakes no
obligation to update forward-looking statements if these beliefs, estimates and
opinions or other circumstances should change, except as required by applicable
law.


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 THE RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mart Resources, Inc. - London, England
Wade Cherwayko / Dmitri Tsvetkov
+44 207 351 7937
Wade@martresources.com / dmitri.tsvetkov@martresources.com


Mart Resources, Inc. - Canada
Sam Grier
403-270-1841 or toll free: 1-888-875-7485
www.martresources.com

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