Cardinal Energy Ltd. Announces Monthly Dividend for September and Increase to Fourth Quarter Dividend Rate

CALGARY, Alberta, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that our September dividend of $0.05 per common share will be paid on October 17, 2022 to shareholders of record on September 30, 2022. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes.

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