TORONTO, May 9, 2016 /CNW/ - Park Lawn Company Limited (CSE: PRL) (the "Company" or "Park Lawn") announced today that the Board of Directors has approved the issuance of a special dividend in the amount of $.50 per share for shareholders of record on May 15, 2016 and payable on May 31, 2016.
About Park Lawn
In addition to its continued involvement in the development of the 57 Linelle Street site, Park Lawn Company Limited holds a Promissory Note in the amount of $5,096,498 issued by Park Lawn Corporation and owns the house and land located at 53 Linelle Street, Toronto, Ontario.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Park Lawn Company Limited
For further information: please contact: Frank Mills, President, or Larry Boland, Vice President and Treasurer, Park Lawn Company Limited, Tel: (647) 933-9079, Fax: (416) 512-6076