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Edmonton’s Food Bank Secures Major Contribution From Imperial Equities to Meet Space Challenges During Covid-19

EDMONTON, ALBERTA/CNW/ – Edmonton’s Food Bank and Imperial Equities Inc. (TSX-V:IEI) today announced the donation of 10,000 ft² of Imperial’s local warehouse space to help ensure the Food Bank has needed warehouse and storage space available to manage through COVID-19 challenges. Given the increased need for social distancing, the Food Bank requires additional space for equipment storage and to create space to ensure its work areas allow for adequate distance between staff, volunteers, donors and clients to move on site.

The new donated space (market value $60,000.00) will be made available at zero cost to the Food Bank for six months. The Food Bank will be using the new space as storage; it’s main service location will not change.

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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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