04:02 PM EDT, 05/29/2024 (MT Newswires) -- Westbridge Renewable Energy Corp. ( WEGYF ) at the close of trade Wednesday announced that its Board of Directors authorized a cash distribution to its common shareholders of C$0.10 per share.

Stefano Romanin, CEO of Westbridge, in a statement said: "We believe that this is an appropriate step for Westbridge to take given the conclusion of the disposition of the Georgetown Solar Project and is intended to reward shareholders for their unflagging support for the company since its inception."

The distribution will be payable, in Canadian Dollars, to shareholders of record on Friday, June 7, 2024 and will be paid on or about Friday, June 21, 2024. The distribution will be classified as a return of capital