EDMONTON, April 20, 2020 /CNW/ - Edmonton's Food Bank and Imperial Equities
Inc. (TSX-V: IEI) today announced the donation of 10,000
ft2 of Imperial's local warehouse space to help ensure
the Food Bank has needed warehouse and storage space available to
manage through COVID-19 challenges. Given the increased need for
social distancing, the Food Bank requires additional space for
equipment storage and to create space to ensure its work areas
allow for adequate distance between staff, volunteers, donors and
clients to move on site.
The new donated space (market value $60,000.00) will be made available at zero cost
to the Food Bank for six months. The Food Bank will be using the
new space as storage; it's main service location will not
change.
"In order to space out some of our operations and to create
physical distancing in our current warehouses, we want to move some
items to a different warehouse on a temporary basis. These
surplus items include boxes, bins, Candy
Cane Lane support material, etc. We reached out to
Sine Chadi (CEO of Imperial Equities), the Edmonton
Philanthropist, about the warehouse his company owns, directly
across from the Annex. Sine and Imperial Equities have been
gracious and kind to help us help the community with the use of
this warehouse" says Marjorie Bencz,
Executive Director.
"We are very pleased to be able to provide this space to
Edmonton's Food Bank during this
crucial time," said Sine Chadi, President and CEO of Imperial
Equities Inc."We know that so many more people are relying on this
organization for support and that it must not only work to meet
increased need, but structure its operations so ensure sufficient
social distancing that will protect the health and safety of all
those on site."
About Imperial Equities Inc:
Based in Edmonton, Alberta,
Imperial Equities Inc. is a publicly traded company anchored by
commercial and industrial real estate properties in its targeted
markets throughout Western Canada.
Additional information is available at: www.imperialequities.com.
Imperial's common shares are listed on the TSX Venture Exchange
under symbol IEI.
About Edmonton's Food
Bank:
Edmonton's Food Bank provides
food to about 25,000 people through our hamper programs every
month. Of those receiving food through our hamper programs,
approximately 40% are children under the age of 18. Edmonton's Food Bank also provides food for
500,000 meals and snacks through over 250 agencies, churches,
schools and food depots monthly. Edmonton's Food Bank relies on the generosity
of the community and food industry partners to assist those in need
in Edmonton. For more information,
please visit edmontonsfoodbank.com.
SOURCE Imperial Equities Inc.