MONTREAL, June 17, 2014 /CNW Telbec/ - Supremex Inc., the largest Canadian provider of standard and custom envelopes (TSX: SXP), is pleased to announce today that the Board of Directors of Supremex (TSX: SXP) has declared a dividend of 4 cents per share upon the outstanding common shares, which will be payable on July 11, 2014 to the shareholders of record as at the close of business on June 30, 2014. The dividend is designated an 'eligible dividend' for Canadian income tax purposes.
Forward-Looking Statements
This press release contains "forward-looking statements" within the
meaning of applicable Canadian securities laws, including (but not
limited to) statements about the EBITDA projection, future performance
of Supremex and similar statements concerning anticipated future
results, circumstances, performance or expectations. A statement is
forward-looking when it uses what Supremex knows and expects today to
make a statement about the future. Forward-looking statements may
include words such as anticipate, assumption, believe, could, expect,
goal, guidance, intend, may, objective, outlook, plan, seek, should,
strive, target and will. These statements relate to future events or
future performance and reflect current assumptions, expectations and
estimates of management regarding growth, results of operations,
performance, business prospects and opportunities, Canadian economic
environment and liability to attract and retain customers. Such
forward-looking statements reflect current assumptions, expectations
and estimates of management and are based on information currently
available to Supremex as at the date of this press release.
Forward-looking statements are subject to certain risks and uncertainties, and should not be read as guarantees of future performance or results and actual results may differ materially from the conclusion, forecast or projection stated in such forward-looking statements. These risks, uncertainties and other factors include but are not limited to the following: economic cycles, availability of capital, decline in envelope consumption, increase of competition, exchange rate fluctuation, raw material increases, credits risks with respect to trade receivables, increase in funding of pension plans, postal services deficiencies, interest rates fluctuation and potential risk of litigation. Such assumptions, expectations, estimates, risks and uncertainties are discussed throughout our MD&A for fiscal 2013 and, in particular, in "Risk Factors". Consequently, we cannot guarantee that any forward-looking statements will materialize. Readers should not place any undue reliance on such forward-looking statements.
The Management Discussion and Analysis and Financial Statements can be found on www.sedar.com and on Supremex's website www.supremex.com.
About Supremex
Supremex Inc. is Canada's largest manufacturer and marketer of a broad
range of stock and custom envelopes and related products. Supremex is
the only national envelope manufacturer in Canada, with facilities
across six provinces and employs approximately 525 people. This
nationwide presence enables it to manufacture products tailored to the
specifications of major national customers such as leading Canadian
corporations, national resellers and governmental entities, as well as
paper merchants and process and solutions providers.
SOURCE Supremex Inc.
Benoît Crowe, CPA, CA
Vice President, Finance and corporate secretary
(514) 595-0555