Pine Cliff Declares Monthly Dividend for August 30, 2024

Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.005 per common share to be paid August 30, 2024, to shareholders of record on August 15, 2024. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice.

Second Quarter 2024 Results Webcast
Pine Cliff will host a webcast at 9:00 AM MDT (11:00 AM EDT) on Friday August 9th, 2024. Participants can access the live webcast via https://www.gowebcasting.com/13423 (audio of webcast can be accessed via 1-877-407-8819, passcode 86286) or through the links provided on the Company's website. A recorded archive will be available on the Company's website following the live webcast.