Veresen Announces Common Share Dividend for July 2014

 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION  IN THE UNITED STATES/  CALGARY, July 22, 2014 /CNW/ - Veresen Inc. ("Veresen") (TSX: VSN) today  announced that its Board of Directors has declared a cash dividend for July  2014 of $0.0833 per common share. The dividend will be paid on August 22, 2014  to shareholders of record at the close of business on July 31, 2014. This  dividend is designated an "eligible dividend" for Canadian income tax purposes.  The dividend is eligible to be reinvested by shareholders, at a 5% discount,  in common shares of Veresen under the dividend reinvestment component of the  Premium Dividend™ and Dividend Reinvestment Plan of Veresen Inc. ("Plan") to  be held for their account under the Plan. No portion of this dividend will be  eligible for a premium cash payment under the Premium Dividend™ component of  the Plan.  Registered shareholders of Veresen who have not previously enrolled in the  Plan and wish to enroll in the Plan with respect to the July 2014 cash  dividend and future cash dividends declared by Veresen, must deliver to  Computershare Trust Company of Canada, as Plan Agent, a completed enrollment  form which is available at www.computershare.com/investorcentrecanada, at or  before 5:00 pm (ET) on July 24, 2014. A copy of the enrollment form may also  be obtained by calling Computershare Trust Company of Canada at  1-800-564-6253, or from Veresen's website at www.vereseninc.com.  Beneficial shareholders of Veresen who have not previously enrolled in the  Plan and wish to participate in the Plan with respect to the July 2014 cash  dividend and future cash dividends declared by Veresen, should contact their  broker, investment dealer, financial institution or other nominee to provide  appropriate enrollment instructions and to ensure any deadlines or other  requirements that such nominee may impose or be subject to are met.  About Veresen Inc.  Veresen is a publicly-traded dividend paying corporation based in Calgary,  Alberta, that owns and operates energy infrastructure assets across North  America. Veresen is engaged in three principal businesses: a pipeline  transportation business comprised of interests in two pipeline systems, the  Alliance Pipeline and the Alberta Ethane Gathering System; a midstream  business which includes ownership interests in a world-class natural gas  liquids extraction facility near Chicago, the Hythe/Steeprock complex, and  other natural gas and NGL processing energy infrastructure; and a power  business with a portfolio of assets in Canada and the United States. Veresen  is also actively developing a number of greenfield projects and, in the normal  course of its business, regularly evaluates and pursues acquisition and  development opportunities.  Veresen's common shares, Series A preferred shares, Series C preferred shares,  and 5.75% convertible unsecured subordinated debentures, Series C due July 31,  2017 are listed on the Toronto Stock Exchange under the symbols "VSN",  "VSN.PR.A" , "VSN.PR.C", and VSN.DB.C", respectively. For further information,  please visit www.vereseninc.com.  ™  denotes trademark of Canaccord Genuity Corp.    SOURCE  Veresen Inc.  Dorreen Miller Director, Investor Relations Phone: (403) 213-3633  Email:investor-relations@vereseninc.com  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/July2014/22/c8438.html  CO: Veresen Inc. ST: Alberta NI: OIL DIV  
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