EDMONTON, Aug. 31 /CNW/ – Imperial Equities Inc. (TSX-V: IEI) today announced that effective August 16, 2010, it has approved a grant of stock options to the directors and Officers of Imperial Equities Inc.

Directors and Officers can purchase an aggregate of 700,000 common shares at an exercise price of $2.75 per common share pursuant to its stock option plan. The stock options expire five years from the date of grant.

About Imperial Equities Inc.:
Imperial Equities Inc. is based in Edmonton, Alberta. A diversified company anchored by commercial and industrial real estate properties in its targeted Edmonton and Alberta markets. Imperial also distributes pharmaceutical products to the institutional and retail customers through its wholly owned subsidiary, Imperial Distributors Canada Inc. Additional information is available at: www.imperialequities.com

Imperial’s common shares are listed on the TSX Venture Exchange under the symbol IEI.

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