Canlan Ice Sports Corp. has approved the continuation of the Company's quarterly dividend policy. As such, the Board declared eligible dividends totaling $0.03 per common share that will be paid on April 12, 2024 to shareholders of record at the close of business March 28, 2024.

Canlan's Board of Directors reviews the Company's dividend policy on a quarterly basis. Canlan's dividend is designated as an "eligible" dividend under the Income Tax Act (Canada) and any corresponding provincial legislation. Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits, which reduce income tax otherwise payable.