Red Deer, Canada – February 19, 2013– High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) is pleased to announce that its Board of Directors has approved a monthly dividend payment of $0.01 per share to holders of common shares. The dividend is payable on March 14, 2013, to holders of High Arctic common shares of record at the close of business on February 28, 2013. The ex-dividend date is February 26, 2013. The dividend is designated as an “eligible dividend” for Canadian Income Tax purposes.
High Arctic Completes Significant HDPE Mat System Expansion
Increase in the PNG holding of Durabase® Mats to over 7,500 units to meet high demand associated with the PNG LNG project.