The Board of Directors of Headwater Exploration Inc. has declared a second quarter cash dividend to shareholders of $0.10 per common share for the payable on July 15, 2024, to shareholders of record at the close of business on June 28, 2024. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

The company expects quarterly dividend to be $0.10/common share for the year 2024.