21:14:01 EDT Wed 05 Aug 2026
Enter Symbol
or Name
USA
CA



Imperial Equities Inc
Symbol IEI
Shares Issued 9,451,242
Close 2026-07-31 C$ 4.50
Market Cap C$ 42,530,589
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Imperial Equities closes Wajax building acquisition

2026-08-05 19:56 ET - News Release

Mr. Adam Chadi reports

IMPERIAL EQUITIES INC. ANNOUNCES THE PURCHASE OF THE WAJAX GRANDE PRAIRIE BUILDING

Imperial Equities Inc. has completed the purchase of the Wajax building, located on 11115 100 Ave., Grande Prairie, Alta. The transaction closed on July 31, 2026, with a purchase price of $10.95-million.

The property comprises a 40,411-square-foot industrial warehouse situated on a 4.55-acre site. It is occupied by Wajax (formerly NorthPoint Technical Services LLC), which specializes in the mechanical rebuilding, rewinding and overhaul of large electric motors and generators. The facility serves as a key maintenance hub for Western Canada's energy and forestry industries.

"This acquisition represents Imperial's continued expansion into the geographical area of northwestern Alberta and northeastern British Columbia," said Adam Chadi, chief operating officer of Imperial. "This region of Canada is a key economic and energy hub with strong natural gas and forestry sectors, and we are eager to expand our presence in the region."

About Imperial Equities Inc.

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

Imperial's common shares are listed on the TSX Venture Exchange under the symbol IEI.

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