Subject: Jemtec Inc NR
Word Document
File: '\\swfile\EmailIn\20260702 173234 Attachment NR 260702.doc'
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JEMTEC INC.
TSX-V: JTC
FOR IMMEDIATE RELEASE
JEMTEC DECLARES A ONE-TIME SPECIAL DIVIDEND
July 2, 2026, Vancouver - JEMTEC Inc. (TSX-V: JTC) ("JEMTEC" or the "Company") is pleased to announce that its board of directors has approved the declaration of a special dividend to shareholders.
Given the strong financial position and performance outlook of the Company, JEMTEC is pleased to announce that its board of directors has approved the declaration of a special dividend of C$0.05 per common share (the "Special Dividend"). The Special Dividend will be paid on July 29, 2026 to shareholders of record on July 10, 2026 and is designated as an eligible dividend for Canadian income tax purposes.
Shareholders do not need to take any further action. JEMTEC will send to registered shareholders a cheque representing the Special Dividend and beneficial shareholders will have their brokerage accounts automatically updated to reflect the Special Dividend.
The Special Dividend will result in a distribution of $139,734 of the Company's cash. There are currently no plans for future dividends. The Board of Directors continues to review its long-term cash requirements in view of its investment strategies and its capital needs from time to time.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.
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For further information contact:
Eric Caton, President
Phone (877) 929-4559
Fax (877) 929-4198
www.jemtec.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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