Colabor Group Inc.
TSX : GCL

Colabor Group Inc.

December 17, 2009 13:39 ET

Colabor Group Inc. Declares Its Dividend for the Quarter Ending December 31, 2009

BOUCHERVILLE, QUEBEC--(Marketwire - Dec. 17, 2009) - Colabor Group Inc. (TSX: GCL) announced today a cash dividend of 0.3791 cents per share for the period of August 25 through December 31, 2009. This dividend shall be paid on January 15, 2010 to shareholders of record as of the end of the business day on December 31, 2009.

Considering that the dividend is paid for a period of more than four (4) month, namely since the conversion of Colabor Income Fund to a corporation, which took place last August 25, this dividend is higher than the $0.2691 per common share that would normally be declared by the company for this quarter.

Colabor is a wholesaler and distributor of food and non-food products serving the retail (grocery stores, convenience stores, etc.) and food-service (cafeterias, restaurants, hotels, restaurant chains, etc.) markets.

Additional information can be found in the information documents filed by the Colabor Group Inc. with securities regulators, at www.sedar.com.

Contact Information

  • Colabor Group Inc.
    Mr. Gilles C. Lachance
    President and Chief Executive Officer
    450-449-0026 ext. 265
    or
    Colabor Group Inc.
    Mr. Michel Loignon, CA
    Vice-President & Chief Financial Officer
    450-449-0026 ext. 235
    www.colabor.com