CERF Incorporated

CERF Incorporated

June 25, 2015 17:07 ET

CERF Incorporated Announces Second Quarter Dividend Of $0.06 Per Share

CALGARY, ALBERTA--(Marketwired - June 25, 2015) - The Board of Directors (the "Board") of CERF Incorporated ("CERF") (TSX VENTURE:CFL), are pleased to announce that they have declared a cash dividend to the shareholders of $0.06 per share for the second quarter of 2015. This quarterly dividend if continued, in future quarters for the remainder of the year, will amount to $0.24 per share on an annualized basis. Payment will be made on or about July 15, 2015, to shareholders of record as of the close of business on July 8, 2015. The ex-dividend date will be July 6, 2015.

Dividend Reinvestment Plan:

CERF provides eligible holders ("Shareholders") of common shares ("Common Shares") with the advantage of accumulating additional Common Shares by reinvesting their cash dividends through enrollment in the Dividend Reinvestment Plan (the "Plan"). Shareholders who wish to enroll in the Plan for the first time must do so prior to the July 5, 2015 ex-dividend date if they wish to participate in the Plan for this quarter's dividend.

Brokerage entitlement and corporate actions departments are encouraged to ensure that they have properly elected with Clearing and Depository Services Inc. ("CDS") those shares that should participate in the Plan no later than July 7, 2015, the business day prior to the record date.


Shareholders who own their shares through a brokerage firm and who wish to participate in the Plan should call their broker and instruct them to enroll their shares.

Shareholders who hold certificates in their name (registered shareholders) who wish to enroll can find out more from Valiant Trust Company by calling 1-866-313-1872.

Investors are cautioned that future dividends are always subject to the approval of the Board and may be increased, decreased or suspended by the Board at any time.

CERF is a Canadian public corporation with two primary divisions: energy services and industrials. The energy services division is engaged in the rental of surface rentals, downhole equipment and accommodations to the Western Canadian Oil and Gas Industry. The industrials division is engaged in the rental of industrial and construction equipment and waste management. CERF has paid consecutive quarterly dividends since 2006 and trades on the TSX Venture Exchange under the symbol "CFL". CERF currently has 36,300,248 common shares issued and outstanding.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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