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Imperial Equities Announces Disposition of Property Within Coppertone Industrial Common

EDMONTON, ALBERTA/CNW/ – Imperial

Equities Inc. (TSX-V:IEI) today announced the disposition of one of the two properties it holds as Coppertone X. The properties were acquired in a single $2.25 million all cash transaction in March, 2022.

The sale of the property located at 11811 – 152 Street in Edmonton, which includes a 5,847 square foot building on 0.72 acres (0.29 hectares) of land, closed August 1, 2022. The value of the transaction is $1,675,000.00.

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President’s Report: 2022 Second Quarter Report

There is no question this will be a busy year as we see strong economic growth poised to return. This will be potentially offset by some challenging external conditions, principally inflation and slow supply chains – and the impacts of war on both factors. For us, growth and stability continue to be our main goals, so we monitor out external market, and apply steady management across all activities. As of Q2 2022, we can report on another Quarter of success with our portfolio gaining value ahead of last year’s pace and our bottom line remaining profitable.

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