ZoomerMedia Limited Announces Declaration of Annual Dividend
26 Noviembre 2021 - 8:15AM
ZoomerMedia Limited (TSXV:ZUM) (the “Company”), the leader in
speaking to and for the 45+ “Zoomer” demographic in Canada, today
announces that its Board of Directors has declared a dividend of
$0.003 on each common and preferred share outstanding, payable on
December 30, 2021 to shareholders of record at the close of
business on December 10, 2021.
“I'm pleased to announce this second
ZoomerMedia dividend on an uptick. It confirms our recent
announcement that ZoomerMedia intends to
declare dividends annually going forward.
Also on an uptick is the return of local and other
specialized advertising verticals that wilted under the pandemic.
The new fiscal we've only recently entered is running nicely ahead
of expectations, in part because of three new and valuable Affinity
Partnerships signed with Opticann by Heritage for medical grade
cannabis based medicines; with Purpose Investments for its
Longevity Pension Fund, a novel new pension like retirement product
with a tontine twist; and with Revera for new thinking about an old
problem: how to help and house the growing unstoppable tide of
elders needing attention.” said ZoomerMedia Founder, President and
CEO Moses Znaimer.
The Company hereby advises that this dividend is
designated as an "eligible dividend" as defined by the Income Tax
Act (Canada) and any similar provincial or territorial
legislation.
About ZoomerMedia Limited
ZoomerMedia is a multimedia company that serves the
45plus “Zoomer” demographic through television, radio, magazine,
internet and trade shows. ZoomerMedia’s television properties
include; Vision TV, a multi-faith, family friendly specialty
television service; ONE TV, offering 24 hours of fitness and
healthy living programs; JoyTV in Vancouver, Victoria, Surrey and
the Fraser Valley, and FAITH TV in Winnipeg, both devoted to
broadcasting Christian and local programming; and TVL Channel 5, a
linear television channel guide available to Rogers households in
Ontario and New Brunswick. ZoomerMedia’s radio properties include
CFMZ-FM Toronto - The New Classical 96.3FM, CFMX-FM Cobourg – The
New Classical 103.1FM, CFMO-FM - Collingwood – The New Classical
102.9FM, Canada’s only commercial classical music radio stations
serving the Greater Toronto Area (GTA), eastern Ontario and
Collingwood, CFZM-AM 740 Toronto and CFZM-FM 96.7FM Toronto -
Zoomer Radio, Toronto’s “Timeless Hits” Station. ZoomerMedia also
publishes ZOOMER Magazine, the largest paid circulation magazine in
Canada for the mature market; On The Bay Magazine, a regional
lifestyle magazine published quarterly for the 20 towns and
villages of Southern Georgian Bay; as well as The Tonic, a regional
health and wellness magazine published every two months and
distributed across the City of Toronto. ZoomerMedia is Canada’s
leading provider of online content targeting the 45plus age group
through many properties, the key one being
www.EverythingZoomer.com. ZoomerMedia has trade show and conference
divisions that produce the ZoomerShows, annual consumer shows
directed to the Zoomer demographic and ideaCity, an annual Canadian
conference also known as 'Canada's Premiere Meeting of the
Minds'.
For further information, please contact:
Terence ChanChief Financial OfficerZoomerMedia Limited+1
416-607-7704t.chan@zoomermedia.ca |
Leanne WrightVice President CommunicationsZoomerMedia Limited+1
416-886-6873leanne@zoomer.ca |
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