CALGARY, AB, May 1, 2025 /CNW/ – InPlay Oil Corp. IPO IPOOF (“InPlay” or the “Company”) is pleased to confirm that its Board of Directors has declared a monthly cash dividend of $0.09 per common share payable on May 30, 2025, to shareholders of record at the close of business on May 15, 2025. The dividend amount of $0.09 per common share reflects our previous $0.015 dividend per common share adjusted for the six to one share consolidation announced April 11, 2025. The monthly cash dividend is expected to be designated as an “eligible dividend” for Canadian federal and provincial income tax purposes.
About InPlay Oil Corp.
InPlay is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities. The common shares of InPlay trade on the Toronto Stock Exchange under the symbol IPO and the OTCQX Exchange under the symbol IPOOF.
SOURCE InPlay Oil Corp.
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