CALGARY, ALBERTA--(Marketwire - Dec 10, 2012) - Shoreline Energy Corp. (SEQ.TO) ("Shoreline" or the "Company") is pleased to announce that its Board of Directors has declared a Cdn $0.12 dividend per share in accordance with its Quarterly Dividend Policy for holders of Shoreline Common Shares as follows;
|Record Date||Ex-Dividend Date||Payment Date||Dividend Per Share|
|December 27, 2012||December 31, 2012||January 17, 2013||Cdn$0.12|
- The dividend is considered an "eligible dividend" for tax purposes.
About Shoreline Energy
Shoreline is a Calgary, Alberta based corporation engaged in the exploration, development and production of petroleum and natural gas. Shoreline offers investors a combination of value growth via lower risk development of additional oil reserves and production on its current lands and pays a quarterly dividend. Shoreline has 5,644,315 common shares outstanding and 170,000 convertible debentures outstanding. The Company''s common shares are currently listed on the TSX under the trading symbol "SEQ" and its debentures under the trading symbol "SEQ.DB". Additional information regarding Shoreline is available under the Company''s profile at www.sedar.com or at the Corporation''s website, www.shorelineenergy.ca.