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TCI Target Capital Inc

0.02
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Target Capital Inc TSXV:TCI 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% 0.02 0.015 0.02 0 01:00:00

Target Capital Inc. announces suspension of dividend

09/10/2014 10:00pm

PR Newswire (Canada)


Target Capital (TSXV:TCI)
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CALGARY, Oct. 9, 2014 /CNW/ - Target Capital Inc. (TCI on TSX-V and CSE) today announced the suspension of its quarterly dividends effective immediately. "Given the cash-flow requirements of our land development project in Langley, BC, the Board has determined that it would be imprudent to continue paying a dividend at this time," said Ryan Hoult, CFO of Target. "The Board will revisit the dividend policy upon completion of this project.

Neither 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 Target Capital Inc.

Copyright 2014 Canada NewsWire

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