TORONTO and GATINEAU, QC, Dec. 20,
2024 /PRNewswire/ - Converge Technology Solutions
Corp. ("Converge" or "the Company") (TSX: CTS) (FSE:
0ZB) (OTCQX: CTSDF) today announced that, further to the Company's
press release dated November 12,
2024, due to the December 2024
holiday schedule, Converge will pay its previously announced
dividend (the "Dividend") of $0.015 per common share one day earlier, from
December 28, 2024 to December 27, 2024.
The record date of December 10,
2024 (the "Record Date") for the Dividend remains
unchanged. The Dividend is in respect of and is based on Converge's
financial results for the three and nine months ended September 30, 2024. The Dividend will be paid on
December 27, 2024 to shareholders of
record as of the close of business on the Record Date.
About Converge
Converge Technology Solutions Corp. is a services-led,
software-enabled, IT & Cloud Solutions provider focused on
delivering industry-leading solutions. Converge's global approach
delivers advanced analytics, artificial intelligence (AI),
application modernization, cloud platforms, cybersecurity, digital
infrastructure, and digital workplace offerings to clients across
various industries. The Company supports these solutions with
advisory, implementation, and managed services expertise across all
major IT vendors in the marketplace. This multi-faceted approach
enables Converge to address the unique business and technology
requirements for all clients in the public and private sectors. For
more information, visit convergetp.com.
Forward-Looking Information
This press release contains certain "forward-looking
information" and "forward-looking statements" (collectively,
"forward-looking statements") within the meaning of
applicable Canadian securities legislation regarding Converge and
its business. Any statement that involves discussions with respect
to predictions, expectations, beliefs, plans, projections,
objectives, assumptions, future events or performance (often but
not always using phrases such as "expects", or "does not expect",
"is expected" "anticipates" or "does not anticipate", "plans",
"budget", "scheduled", "forecasts". "estimates", "believes" or
"intends" or variations of such words and phrases or stating that
certain actions, events or results "may" or "could", "would",
"might" or "will" be taken to occur or be achieved) are not
statements of historical fact and may be forward-looking
statements.
Specifically, statements regarding the expected timing of the
Dividend are considered forward-looking information. The
forward-looking information are based on management's opinions,
estimates and assumptions, including, but not limited to those
assumptions described under the heading "About Forward-Looking
Information" in the Company's Management's Discussion and Analysis
for the nine months ended September 30,
2024. While these opinions, estimates and assumptions are
considered by the Company to be appropriate and reasonable in the
circumstances as of the date of this press release, they are
subject to known and unknown risks, uncertainties, assumptions and
other factors that may cause the actual results, levels of
activity, performance, or achievements to be materially different
from those expressed or implied by such forward-looking
information. Such risks and uncertainties include, but are not
limited to, those risk factors discussed in greater detail under
the "Risk Factors" section of the Company's most recent annual
information form and under the heading "Risks and Uncertainties" in
the Company's most recent Management's Discussion and Analysis,
which are each available under the Company's profile on SEDAR+ at
www.sedarplus.ca. Many of these risks are beyond the Company's
control.
If any of these risks or uncertainties materialize, or if the
opinions, estimates or assumptions underlying the forward-looking
information prove incorrect, actual results or future events might
vary materially from those anticipated in the forward-looking
information.
No forward-looking statement is a guarantee of future results.
Accordingly, you should not place undue reliance on forward-looking
information, which speaks only as of the date made. The
forward-looking information contained in this press release
represents the company's expectations as of the date specified
herein, and are subject to change after such date. However, the
Company disclaims any intention or obligation or undertaking to
update or revise any forward-looking information or to publicly
announce the results of any revisions to any of those statements,
whether as a result of new information, future events or otherwise,
except as required under applicable securities laws.
All of the forward-looking information contained in this press
release is expressly qualified by the foregoing cautionary
statements.
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SOURCE Converge Technology Solutions Corp.
