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Alpine Summit Energy Partners announces dividend for November 2022 – Press Release

Nashville, Tenn. and Vancouver, British Columbia – (Newsfile Corp. – November 1, 2022) – Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (NASDAQ: ALPS) ("alpine peaks" or the "company") is pleased to announce that in accordance with its current monthly dividend policy, the Company’s Board of Directors has declared a dividend of $0.03 per Subordinate Voting Share for the month of November 2022. Concurrent with declaring the dividend on the Subordinate Voting Shares, the directors also declared a dividend on the Company’s multiple voting shares of $3.00 per share and a dividend on the Company’s fractional voting shares of 0 $.03 per share.

The dividend is payable on November 30, 2022 to shareholders of record at the close of business on November 16, 2022. The dividend is considered "eligible dividend" as defined in the Income Tax Act (Canada).

About Alpine Summit Energy Partners, Inc.

Alpine Summit is a US-based company that operates and develops oil and gas assets. More information about the company can be found at www.alpinesummitenergy.com.

Further information

For more information please contact:

Alec Sheaff, Director, Business Development and Investor Relations
Telephone: 615.475.8320
E-mail: asheaff@alpsummit.com

Darren Molds, Chief Financial Officer
Telephone: 403.390.9260
E-mail: dmoulds@alpsummit.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information and Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities laws and may also contain statements that may represent "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking…

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