Imperial Ginseng Products Ltd. Declares a Special Dividend
30 Mayo 2018 - 1:45PM
Imperial Ginseng Products Ltd. (TSXV:IGP)
(the “Company”) is pleased to announce that the
Board of Directors of the Company has declared a special dividend
of CAD$0.03 per share on its outstanding common shares, payable on
June 28, 2018 to shareholders of record at the close of business on
June 12, 2018. The dividend is designated as an “eligible dividend”
for Canadian income tax purposes.
The determination of payment of this dividend to
shareholders was after the Board taking into account the current
cash and biological asset position of the Company. As future
operating results may be affected by unforeseen circumstances, this
dividend should not be regarded as indicative of a regular
dividend.
About Imperial Ginseng Products
Ltd.
The Company is an agricultural company that
seeks to provide investors returns through the cultivation and
processing of North American ginseng in Ontario and the marketing
of its roots primarily to Asia.
ON BEHALF OF THE BOARD
OF DIRECTORS
“Stephen McCoach”Chief
Executive Officer and Director
For additional information, please contact
Stephen McCoach at:Imperial Ginseng Products Ltd.Suite 3030, 650
West Georgia Street, Vancouver, BC V6B 4N7Tel: (604)
689-8863Email: info@imperialginseng.com
Forward Looking Statements
Certain statements in this press release may
constitute “forward-looking” statements, including statements with
respect to future purchases of common shares by the Company. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statements. These
forward-looking statements are made as of the date of this press
release, and the Company assumes no obligations to update or revise
them to reflect new events or circumstances.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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