TSX Venture Symbol: CFL
CALGARY, June 20, 2012 /CNW/ - The board of directors of CERF
Incorporated ("CERF Inc.") announces that they have approved a cash
dividend to the shareholders of $0.06 per share for the second quarter
of 2012. This dividend, if continued on a quarterly basis for the
remainder of 2012, represents $0.24 per share annualized. Payment will
be made on or about July 12, 2012 to shareholders of record as of the
close of business on June 29, 2012.
Investors are cautioned that future dividends are always subject to
approval from the board of directors and may be increased, decreased or
suspended by the board at any time.
CERF Inc. is a Canadian public corporation engaged in the rental, sale
and service of industrial and construction equipment and waste
management and environmental services. CERF Inc. trades on the TSX
Venture Exchange under the symbol "CFL" and currently has 9,665,256
common shares issued and outstanding.
All Dividends paid by CERF Inc. to common shareholders will be
designated as eligible dividends as defined in section 89(1) of the
Income Tax Act of Canada unless otherwise indicated.
FORWARD LOOKING STATEMENTS
This press release contains forward looking statements subject to
various risk factors and uncertainties, which may cause the actual
results, performances, cash flows or the ability to pay distributions
to be materially different from the results, performances, cash flows
or the ability to pay distributions expressed or implied by such
forward looking statements.
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.
SOURCE CERF Inc.
For further information:
contact Wayne Wadley, President & CEO at (403) 850-4095, by email at firstname.lastname@example.org or Ken Stephens, V.P. Finance & CFO at (403) 281-1042, by fax at (403)238-2720, by email at email@example.com.