Mr. Sine Chadi reports

IMPERIAL EQUITIES DECLARES QUARTERLY DIVIDEND

Imperial Equities Inc. has declared a quarterly dividend of two cents per share effective Q2 2024, payable on May 6, 2024, to shareholders of record effective April 19, 2024.

"As we reflect on the results our Q2, our company's performance remains strong and we remain excited about what's ahead," said Sine Chadi, president and chief executive officer of Imperial Equities. "We are pleased to issue this dividend 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.