Mr. Sine Chadi reports

IMPERIAL EQUITIES DECLARES QUARTERLY DIVIDEND

Imperial Equities Inc. has declared a quarterly dividend of two cents per share for the third quarter of 2023, payable on Oct. 31, 2023, to shareholders of record effective Oct. 20, 2023.

"As we reflect on the results our Q4, our company's performance and our optimism remain strong," said Sine Chadi, president and chief executive officer of Imperial Equities. "We are pleased to issue this dividend as a key performance metric for our company, and in recognition and appreciation of our shareholders' continued support, confidence and trust."

This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

About Imperial Equities Inc.

Based in Edmonton, Alta., Imperial Equities is a publicly traded company anchored by industrial, agricultural and commercial real estate properties in its targeted markets throughout Western Canada.