CALGARY, Alta. — Cervus Equipment Corp. (“Cervus” or the “Company”) today announced that the Board of Directors of Cervus has approved a cash dividend to Cervus shareholders of $0.07 per share for the second quarter of 2016. Payment will be made on or about July 15, 2016 to shareholders of record as of the close of business on June 30, 2016.

Investors are cautioned that quarterly dividends are always subject to approval from the board of directors of Cervus, and may be increased, decreased or suspended by the board at anytime.