/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./
CALGARY, AB, July 15, 2026 /CNW/ -- Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties and Crown mineral leases, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in cash on August 14, 2026 to shareholders of record on July 31, 2026.
This dividend is designated as an "eligible dividend" for Canadian income tax purposes.
Grant of Incentive Securities
Source Rock further announces that effective July 15, 2026 (the "Grant Date"), pursuant to its Restricted Share Unit and Deferred Share Unit Compensation Plan, it has granted 291,000 restricted share units (each a "RSU") to officers and directors.
Each RSU entitles the holder to receive one common share of Source Rock, or a cash payment equal to the equivalent value of one common share of Source Rock at the time of vesting, or a combination of both. The RSU's granted shall vest one-third on each of the first, second and third anniversaries of the Grant Date.
About Source Rock Royalties Ltd.
Source Rock is a pure-play oil and gas royalty company with an existing, oil focused portfolio of royalty interests concentrated in southeast Saskatchewan, central Alberta and west-central Saskatchewan, as well as ownership in oil sands and petroleum and natural gas leases in Alberta. Source Rock targets a balanced growth and yield business model, using funds from operations to pursue accretive royalty acquisitions and to pay dividends. By leveraging its niche industry relationships, Source Rock identifies and acquires both existing royalty interests and newly created royalties through collaboration with industry partners. Source Rock's strategy is premised on maintaining a low-cost corporate structure and achieving a sustainable and scalable business, measured by growing funds from operations per share and maintaining a strong netback on its royalty production.
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 of this release.
SOURCE Source Rock Royalties Ltd.
/CONTACT:
Copyright CNW Group 2026
(END) Dow Jones Newswires
July 15, 2026 08:00 ET
Comments