EDMONTON, ALBERTA – Mr. Sine Chadi, Chairman of the Board of Imperial Equities Inc. (TSX-V:IEI) (“Imperial or the Company”) is pleased to announce that Ms. Susan Green has been appointed a director of Imperial Equities Inc.

Throughout her impressive career, Susan Green has held senior executive leadership roles at the University of Alberta, the Alberta Cancer Board, the Alberta Cancer Foundation, the Alberta Government and most recently completed her term as Chair of the Alberta Gaming and Liquor Commission.

In addition to her extensive leadership experience, Ms. Green has devoted countless hours giving back to the community. She commits her talents to a multitude of humanitarian works, which has included serving as the chair and on the executive committee of provincial, national and international organizations such as Habitat for Humanity, Crossroads International, Pearson College of the Pacific, the Rotary Club of Edmonton Glenora, Edzimkulu: A Society for Children with AIDS in South Africa and the Lieutenant Governor of Alberta Arts Awards Foundation.

Ms. Green holds an honours Bachelor of Arts degree from the University of Alberta, certificates from the Banff School of Advanced Management, the Niagara Institute, the Foundation of Administrative Justice and is a graduate of the Institute of Corporate Directors – Rotman Directors Education Program. She is the recipient of several prestigious awards for professional and community service including an Honorary Degree from MacEwan University (2014), the Queen’s Diamond Jubilee Award (2013), Global Woman of Vision (2006) the Alberta Centennial Medal for Community Service and Professional Service (2005) and Venture magazine’s 2016 Top 50 Influential Albertans.

“We are extremely pleased to have someone with Ms. Green’s experience on the Board of Imperial,” said Sine Chadi. “Susan’s long standing commitment to humanitarian causes is legendary and her extensive involvement in the public, private and not-for-profit sectors will greatly assist our Board as we focus on the growth of the Company.”

Ms. Green’s appointment has been approved by the Board of Imperial and is subject to regulatory approval.

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 symbol IEI.

Neither TSX Venture nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.