VANCOUVER, BC, June 13,
2022 /CNW/ - Westshore Terminals Investment
Corporation (TSX: WTE) ("Westshore" or the "Corporation")
announced today that a dividend of $0.30 per share will be paid on or before
July 15, 2022, to shareholders of
record on June 30, 2022, which is the
same per share amount that was paid in Q1 2022. The Q2 2022
dividend will be designated an "eligible dividend" for Canadian tax
purposes.
Westshore anticipates that it will load approximately 13.6
million tonnes in the first half of 2022, compared to 14.9 million
tonnes loaded in the first half of 2021. Anticipated
throughput volume and average loading rates for 2022, as a whole,
remain unchanged at 27.5 million tonnes and $12.00 per tonne respectively.
The foregoing statements concerning anticipated throughput
volumes, average loading rates, and the levels of dividends are
forward-looking statements that reflect the current expectations of
the Corporation with respect to future events and
performance. Forward-looking statements should not be read as
guarantees of future performance or results, and will not
necessarily be accurate indications of whether such performance or
results will be achieved.
Forward-looking statements are based on information available at
the time they are made, assumptions made by management, and
management's good faith belief with respect to future events, and
will be impacted by and are subject to the risks and uncertainties
outlined in the Corporation's Annual Information Form that could
cause actual performance or results to differ materially from those
reflected in the forward-looking statements, historical results or
current expectations.
SOURCE Westshore Terminals Investment Corporation