HONOLULU, December 20, 2022 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. BRN announced today that its Board of Directors has declared a cash dividend of $0.015 per common share. The dividend will be paid on January 11, 2023 to holders of record at the close of business on December 27, 2022.

fForward-Looking Statements

The information contained in this press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. A forward-looking statement is a statement that is based on current expectations of future events or conditions and is not a statement of historical or current facts. These statements include various estimates, forecasts, projections of Barnwell’s future performance, statements about Barnwell’s plans and objectives, and other similar statements. Forward-looking statements include expressions such as “expect”, “anticipate”, “intend”, “plan”, “believe”, “project”, “estimate”, “assume”, “project”, “may”, “will”. “,”, “will be”, “should” or similar expressions. Although Barnwell believes its current expectations are based on reasonable assumptions, it cannot guarantee that the expectations contained in such forward-looking statements will be met. Forward-looking statements involve risks, uncertainties and assumptions that could cause actual results to differ materially from those contained in such statements. The risks, uncertainties and other factors that could cause actual results to differ materially from Barnwell’s expectations are discussed in the “Forward-Looking Statements”, “Risk Factors” and other sections of Barnwell’s Annual Report on Form 10- K listed for the most recent fiscal year and Barnwell’s other filings with the SEC. Investors should not place undue reliance on the forward-looking statements contained in this press release, which speak only as of the date of…