Cervus Equipment Corporation Announces Dividend

Symbol: CVL (TSX)

CALGARY, March 15, 2013 /CNW/ - Cervus Equipment Corporation ("Cervus") announced that the board of directors of Cervus has approved a cash dividend to Cervus shareholders of $0.1925 per share for the first quarter of 2013. Payment will be made on or about April 15, 2013 to shareholders of record as of the close of business on March 28, 2013.  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.

About Cervus

Cervus acquires and manages authorized agricultural, commercial, industrial and transportation equipment dealerships with interests in 55 dealership locations in Western Canada, New Zealand, and Australia. The primary equipment brands represented by Cervus include John Deere agricultural equipment; Bobcat and JCB construction equipment; Clark, Sellick, Nissan and Doosan material handling equipment; and Peterbilt transportation equipment.   The common shares of Cervus are listed on the Toronto Stock Exchange and trade under the symbol "CVL".

SOURCE: Cervus Equipment Corporation

Graham Drake - President & CEO   
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Email: [email protected]

Randy Muth - Chief Financial Officer  
Telephone: [phone]
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Email: [email protected]