Kelso Declares Annual Dividend
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA and DOWNERS GROVE, ILLINOIS -- (Marketwired) -- 04/01/15 -- Kelso Technologies Inc. (the "Company" or "Kelso") (TSX: KLS)(NYSE MKT: KIQ) -
The Board of Directors of the Company is pleased to announce that an annual cash dividend of US$0.03 per share has been declared on the outstanding common shares of the Company. The dividend is payable in cash on April 30, 2015 to shareholders of record at the close of business on April 15, 2015. Dividends paid to shareholders in the United States of America will be subject to a 15% withholding tax. Investors are reminded to allow sufficient time for the settlement of any shares purchased prior to the record date, and are encouraged to contact their investment advisors and/or tax advisors with any questions in this regard.
About Kelso Technologies
Kelso is a railway equipment supplier that designs, produces and sells proprietary tank car service equipment used in the safe loading, unloading and containment of hazardous materials during transport. Products are specifically designed to provide economic and operational advantages while reducing the potential effects of human error and environmental harm during the transport of hazardous materials. The Company is experiencing rapid multi-million dollar revenue growth based on its expanding commercial product catalogue and increased concerns about railroad safety in North America.
For a more complete business and financial profile of the Company, please view the Company''s website at and public documents posted under the Company''s profile on in Canada and on EDGAR at in the United States.
On behalf of the Board of Directors,
James R. Bond, CEO and President
Legal Notice Regarding Forward-Looking Statements: This news release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements are indicated expectations or intentions. Forward-looking statements in this news release include that the Company intends to pay a cash dividend on the basis stated in this news release and that the Company is experiencing rapid multi-million dollar revenue growth based on its expanding commercial product catalogue. Although Kelso believes its plan to pay a dividend and its anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations, they can give no assurance that such expectations will prove to be correct. The reader should not place undue reliance on forward-looking statements and information as such statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Kelso to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information, including without limitation the risk that the Company may not be able to pay the dividend on the basis set forth in this news release or at all; the Company''s products may not provide the intended economic or operational advantages; or reduce the potential effects of human error and environmental harm during the transport of hazardous materials; we may not be able to grow and sustain anticipated revenue streams, as regulatory requirements may change to our detriment or competitors may offer better or cheaper products. Except as required by law, the Company does not intend to update the forward-looking information and forward-looking statements contained in this news release.
Contacts:
Kelso Technologies Inc.
James R. Bond
CEO and President
Kelso Technologies Inc.
Richard Lee
Chief Financial Officer
Kelso Technologies Inc.
Corporate Address:
7773 - 118A Street
North Delta, BC, V4C 6V1
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Unternehmensinformation / Kurzprofil:
Datum: 01.04.2015 - 07:00 Uhr
Sprache: Deutsch
News-ID 1348441
Anzahl Zeichen: 0
contact information:
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Town:
VANCOUVER, BRITISH COLUMBIA and DOWNERS GROVE, ILLINOIS
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Kategorie:
Machinery & Tools
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