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Mullen Group Ltd. announces monthly splits

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OKOTOKS, Alberta, Dec. 19, 2024 (GLOBE NEWSWIRE) — (TSX: MTL) The Board of Directors of Mullen Group Ltd. (“Mullen Group“,”We“,”Ours” and/or “Organization“) announced today that it will pay a dividend of $0.07 per share payable to holders of record of Common Shares at the close of business in December 2024.

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For Canadian resident shareholders, this dividend is designated as a “qualifying dividend” for the purposes of the enhanced dividend credit rules contained in the Income Tax Act (Canada) and any related provincial and territorial tax legislation.

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About Mullen Group Ltd.

The Mullen Group is a public company with a long history of acquiring companies in the transportation and logistics industries. Today, we have one of the largest portfolios of logistics companies in North America, providing a variety of transportation, warehousing and distribution services through a network of independently operated businesses. Services offered include less-than-truckload, truckload, warehouse, freight forwarding, freight forwarding, oversize, third-party transportation and special haulage transportation. In addition, our businesses provide a diverse set of specialized services related to the energy, mining, forestry and construction industries in western Canada, including water management, water transportation and environmental remediation. The business office provides financial information and financial technology, legal support, technical support and systems, shared services and strategic planning to its independent businesses.

The Mullen Group is listed on the Toronto Stock Exchange under the symbol “MTL“. Additional information is available on our website at www.mullen-group.com or on the Company’s issuer profile on SEDAR+ at www.sedarplus.ca.

Contact information

Mr. Murray K. Mullen – Chairman, Chief Executive Officer and President
Mr. Richard J. Maloney – Chief Operating Officer
Mr. Carson P. Urlacher – Chief Financial Officer
Ms. Joanna K. Scott – Chief Business Officer

121A – 31 Southridge Drive
Okotoks, Alberta, Canada T1S 2N3
Phone: 403-995-5200
Fax: 403-995-5296

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