Mr. Sine Chadi reports

IMPERIAL EQUITIES DECLARES QUARTERLY DIVIDEND

Imperial Equities Inc., through its board of directors, has declared a quarterly dividend of two cents per share effective Q1 2024, payable on Feb. 5, 2024, to shareholders of record effective Jan. 19, 2024.

"As we begin 2024, our cmpany's performance and optimism for the future remain strong," said Sine Chadi, president and chief executive officer of Imperial Equities. "We are pleased to issue a dividend again this quarter 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.

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.