Investor Relations

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Imperial Equities Suspends Dividends

EDMONTON, ALBERTA, July 27, 2020  – Imperial Equities Inc. today announced it has suspended its dividends for the Third and Fourth Quarters of 2020.

“This was a difficult decision for our Board of Directors,” said Sine Chadi, CEO of Imperial Equities. “When we brought back dividends in Q1 2020, we saw it as a long-term move and appropriate recognition for those shareholders who have invested in our Company. However, as we manage through the impacts of COVID-19 in particular, and we consider our risk strategies in the face of future uncertainty, it is prudent to ensure we have sufficient cash flows to meet all of our corporate obligations, and to retain some reserve given ongoing uncertainties.”

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Latest News Article

President’s Report: 2020 Q1 CEO Message

For more than twenty years, Imperial Equities has achieved year over year profitability. It’s a track record we are proud of and one we have maintained consistently, even when our world seemed to be less than certain.

After several years of capriciousness, we are pleased to see signs that Alberta’s energy sector will be boosted by the construction of the Trans Mountain Pipeline, and that the recent Federal Court of Appeals decision to uphold the Federal approval makes its path forward beyond certain. We are thrilled to know our energy products will have greater access to tidewater and new markets as a result of this project. This will very likely boost the local economy, and benefit many of our tenants. While we are optimistic about economic prospects locally, we know we must make our own success.

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