Cervus Equipment Corporation Announces Dividend

CALGARY, June 14, 2018 /CNW/ - Cervus Equipment Corp. ("Cervus" or the "Company") (TSX: CERV) today announced that the Board of Directors of Cervus has approved a cash dividend to Cervus shareholders of $0.10 per share for the second quarter of 2018. Payment will be made on or about July 16, 2018 to shareholders of record as of the close of business on June 29, 2018.

Investors are cautioned that quarterly dividends are always subject to approval from the Board of Directors of Cervus, and may be increased, decreased or suspended by the board at anytime.

About Cervus Equipment Corporation

Cervus acquires and operates authorized agricultural, transportation and materials handling equipment dealerships. The Company has interests in 62 dealerships in Canada, New Zealand, and Australia, employing more than 1,500 people. The primary equipment brands represented by Cervus include John Deere agricultural equipment; Peterbilt transportation equipment; and Clark, Sellick and Doosan material handling equipment. The common shares of Cervus are listed on the Toronto Stock Exchange and trade under the symbol "CERV".

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

SOURCE Cervus Equipment Corporation