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PrairieSky Royalty Ltd.

Exchange: TSX Exchange | Jul 23, 2018, 9:11 AM EDT

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PrairieSky Royalty Declares April Dividend and Announces Conference Call for Q1 2018

CALGARY, Alberta, April 12, 2018 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.065 per common share, payable in cash on May 15, 2018 to shareholders of record on April 30, 2018.  This dividend is designated as an “eligible dividend” for Canadian income tax purposes.

PrairieSky will release its Q1 2018 results on Monday, April 23, 2018 after markets close. The news release detailing PrairieSky's Q1 2018 results will provide operating and financial information. Financial statements along with management's discussion and analysis will be available on PrairieSky's website at www.prairiesky.com and on SEDAR at www.sedar.com.

A conference call to discuss the results will be held for the investment community on Tuesday, April 24, 2018 beginning at 6:30 am MT (8:30 am ET).  To participate in the conference call, approximately 10 minutes prior to the conference call, please dial:

            (844) 657-2668 (toll-free in North America)

            (612) 979-9882 (International)

About PrairieSky Royalty Ltd.

PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating free cash flow and that represent the largest and most concentrated independently-owned fee simple mineral title position in Canada. PrairieSky common shares trade on the Toronto Stock Exchange under the symbol PSK.

FOR FURTHER INFORMATION PLEASE CONTACT:

PrairieSky Royalty Ltd.
Investor Relations
(587) 293-4000
www.prairiesky.com

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