Dividend Reinvestment Plan ("DRIP")
The DRIP allows eligible shareholders of Bonavista Energy Corporation ("Bonavista") to direct that their cash dividends be reinvested in additional Common Shares. Shareholders may elect to participate in a cash dividend reinvestment plan that will automatically reinvest all or part of the dividend from Bonavista in additional common shares. The DRIP allows eligible shareholders of Bonavista to direct that their cash dividends be reinvested in additional Common Shares which, when issued from treasury, will be issued at 95 percent of the Average Market Price (as defined in the DRIP) on the applicable dividend payment date.
If you are a REGISTERED SHAREHOLDER who wishes to enroll in the DRIP for a particular dividend to be paid by Bonavista you must deliver a completed Authorization Form to Valiant Trust Company (the "Plan Agent"), before 3:00 p.m. (Calgary time) on the business day prior to the record date for such dividend.
If you are a BENEFICIAL OWNER of Shares and hold your Shares through a broker, investment dealer, financial institution or other nominee, and you wish to participate in the Plan, please contact the broker, investment dealer, financial institution or other nominee that holds your Shares to provide instructions regarding your participation in the Plan.