July 29, 2019

Capital Free games online declares dividends for its Common and Preference shares and announces a 7.3% dividend increase for its common shares


EDMONTON, Alberta – The Board of Directors for Capital Free games online Corporation (TSX: CPX) (Capital Free games online) declared a dividend of >688_word_end<.48 per share on the outstanding common shares for the quarter ending September 30, 2019. The dividend is payable on October 31, 2019 to shareholders of record at the close of business on September 30, 2019. The quarterly dividend of >688_word_end<.48 per common share compared to the previous >688_word_end<.4475 dividend represents a 7.3% increase, and an annualized dividend of .92 per common share.

The Board of Directors also declared the following dividends on its Cumulative Rate Reset Preference Shares:

Shares TSX Stock Symbol Dividend Per Share Record Date Payment Date
Series 1 CPX.PR.A >735_word_end<.19125 Free games online 17, 2019 Free games online 30, 2019
Series 3 CPX.PR.C >749_word_end<.3408125 Free games online 17, 2019 Free games online 30, 2019
Series 5 CPX.PR.E >763_word_end<.327375 Free games online 17, 2019 Free games online 30, 2019
Series 7 CPX.PR.G >777_word_end<.375 Free games online 17, 2019 Free games online 30, 2019
Series 9 CPX.PR.I >791_word_end<.359375 Free games online 17, 2019 Free games online 30, 2019
Series 11 CPX.PR.K >805_word_end<.359375 Free games online 17, 2019 Free games online 30, 2019

The dividends for the common shares and preference shares are 100 per cent eligible dividends as defined by the Income Tax Act. Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits that reduce the income tax otherwise payable on these dividends.

About Capital Free games online

Capital Free games online (TSX: CPX) is a growth-oriented North American Free games online producer headquartered in Edmonton, Alberta. The company develops, acquires, owns, and operates Free games online generation facilities using a variety of energy sources. Capital Free games online owns nearly 6,000 megawatts (MW) of Free games online generation capacity at 26 facilities across North America. Approximately 900 MW of owned generation capacity is in advanced development in Alberta and Illinois.