FOR IMMEDIATE RELEASE
CALGARY, Alberta (February 22, 2017) – Pason Systems Inc. (TSX: PSI) announced today
that the Board of Directors (with Mr. Jim Hill, the significant shareholder through J.D Hill
Investments Ltd., abstaining from voting) declared a quarterly dividend of seventeen cents
(C$0.17) per share on the company’s common shares. The dividend will be paid on March 30,
2017 to shareholders of record at the close of business on March 16, 2017.
Pursuant to the Canadian Income Tax Act, dividends paid by the Company to Canadian
residents are considered to be “eligible” dividends.
Pason Systems Inc.
Pason Systems Inc. is a leading global provider of specialized data management systems for
drilling rigs. Our solutions, which include data acquisition, wellsite reporting, remote
communications, and web-based information management, enable collaboration between the
rig and the office. Pason’s common shares trade on the Toronto Stock Exchange under the
For more information about Pason Systems Inc., visit the company’s website at www.pason.com or contact: