CALGARY, Nov. 8, 2016 /CNW/ - Crown Capital Partners Inc.
("Crown" or the "Corporation") (TSX: CRN), which provides growth capital to successful mid-market
companies, today announced that its Board of Directors has declared a dividend of $0.11 per
common share, payable on December 2, 2016 to all shareholders of record as of the close of business on November 17,
2016.
This dividend is designated by the Company to be an "eligible dividend" pursuant to subsection 89(14) of the Income Tax
Act (Canada) and any applicable provincial or territorial legislation pertaining to eligible
dividends. Shareholders with questions regarding the tax treatment of dividends should consult with their own tax advisors.
ABOUT CROWN
Crown (TSX: CRN) is a specialty finance company focused on providing capital to successful Canadian and select U.S. companies
that are unwilling or unable to obtain suitable financing from traditional capital providers such as banks and private equity
funds. Crown also manages capital pools, including some in which Crown has a direct ownership interest. Crown originates,
structures and provides tailored special situation and long-term financing solutions to a diversified group of private and public
mid-market companies in the form of loans, royalties and other structures with minimal or no ownership dilution.
FORWARD-LOOKING STATEMENTS
This news release contains certain "forward looking statements" and certain "forward looking information" as defined under
applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking
terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar
terminology. Forward-looking statements in this news release include, but are not limited to, statements, management's beliefs,
expectations or intentions regarding the alternative financial market and the general economy, transaction pipeline, Crown's
business plans and strategy, including anticipated capital deployments, and Crown's future cash flow and shareholder value.
Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that
while believed by management to be reasonable, are inherently subject to significant business, economic and competitive
uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific
factors identified in the Crown's periodic filings with Canadian securities regulators. See the AIF for a detailed discussion of
the risk factors affecting Crown. In addition, Crown's dividend policy will be reviewed from time to time in the context of the
Corporation's earnings, financial requirements for its operations, and other relevant factors and the declaration of a dividend
will always be at the discretion of the board of directors of the Corporation. Crown undertakes no obligation to update
forward-looking information except as required by applicable law. Such forward-looking information represents management's best
judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may
vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
SOURCE Crown Capital Partners Inc.