SYMBOL: TSX: AGT
REGINA, June 27, 2013 /CNW/ - Alliance Grain Traders Inc. ("AGT") has announced a cash dividend for the quarter ending June 30, 2013 of
$0.15 per common share. The dividend will be payable on July 15, 2013
to shareholders of record on July 10, 2013. This dividend is an
eligible dividend for Canadian income tax purposes. AGT's current
annualized cash dividend rate is approximately $0.60 per share.
The Corporation has also announced that at the annual and special
meeting (the "Meeting") of shareholders of the Corporation held earlier today, all director
nominees were elected as directors of the Corporation, as follows:
Votes "For" (%)
Votes "Withheld" (%)
All other matters considered by shareholders at the Meeting were also
approved, the details of which are contained in the Report on Voting
Results regarding the Meeting filed by the Corporation on Sedar at www.sedar.com.
Alliance Grain Traders Inc. Profile
Alliance Grain Traders Inc. (AGT) is a value-added pulse, staple food
and ingredient processor for export and domestic markets. Through its
offices and processing facilities located in some of the best
agricultural growing regions in Canada, the U.S., Turkey, China,
Australia and South Africa, merchandising and sales offices in the
U.K., the Netherlands and Spain and origination offices in Russia, AGT
produces a full range of pulses and specialty crops including lentils,
peas, chickpeas, beans and canary seed as well as food ingredients such
as pulse flours, proteins, starches and fibres. Through its
subsidiaries in Turkey, the Arbel Group, AGT also produces staple foods
such as Arbella Pasta, rice, and milled wheat products, including
bulgur and semolina.
Certain statements in this press release are forward-looking statements.
The reader is cautioned that assumptions used in the preparation of
such information, although considered reasonable by AGT at the time of
preparation, may prove to be incorrect. Forward-looking statements
involve known and unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements of AGT
(including its operating subsidiaries) to be materially different from
any future results, performance or achievements expressed or implied by
the forward-looking statements. Such risks and uncertainties include,
among others, the actual results of harvests, fluctuations in the price
of lentils and other crops, failure of plant, equipment or processes to
operate as anticipated, accidents or labour disputes, risks relating to
the integration of acquisitions or to international operations, as well
as those factors referred to in the section entitled "Risk Factors" in
the Annual Information Form of AGT dated February 21, 2013 which is
available on SEDAR at www.sedar.com, and which should be reviewed in conjunction with this document.
Although AGT has attempted to identify important factors that could
cause actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors
that cause actions, events or results not to be as anticipated,
estimated or intended. There can be no assurance that forward-looking
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements. AGT expressly disclaims any intention or
obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise, except in
accordance with applicable securities laws.
SOURCE: Alliance Grain Traders Inc.
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