Cervus Equipment Corporation announced that its Board of Directors have approved renewed activity under the company's existing Normal Course Issuer Bid (NCIB). This activity will be funded by a temporary reduction in the quarterly dividend to $0.015 per share, from $0.11 per share. A dividend of $0.015 will be paid on or about July 15, 2020, to Cervus shareholders of record as at June 30, 2020. This is a reduction from the dividend of $0.11 per share paid in the first quarter of 2020. Commensurate with the temporary dividend reduction, Cervus anticipates allocating the difference between $0.11 and $0.015 per share towards quarterly purchases under the NCIB.