CML HealthCare Inc. Declares November Dividend
November 20 2012 - 12:00PM
Marketwired
CML HealthCare Inc. (TSX:CLC) (the "Company" or "CML") today
announced the Board of Directors of the Company has declared an
November 2012 cash dividend of $0.0629 per common share to
shareholders of record as at the close of business on November 30,
2012, payable on December 20, 2012.
CML designates this dividend to be an "eligible dividend"
pursuant to subsection 89(14) of the Income Tax Act (Canada) and
similar provincial and territorial legislation.
About CML HealthCare Inc.
Based in Mississauga, Ontario, CML HealthCare Inc. is Canada's
leading community-based, medical diagnostic services provider
operating 140 laboratory collection centres in Ontario, 94 imaging
centres in Ontario and British Columbia, and a reference laboratory
in Ontario focused on specialized coagulation testing for customers
worldwide. CML is publicly-traded on the Toronto Stock Exchange
under the symbol "CLC" and has approximately 89.8 million common
shares outstanding. For more information, please visit
www.cmlhealthcare.com and follow us on Twitter @cmlhealthcare.
Caution concerning forward-looking statements
This document includes forward-looking statements within the
meaning of certain securities laws, including the "safe harbour"
provisions of the Securities Act (Ontario) and other provincial or
territorial securities law in Canada. These forward-looking
statements include, among others, statements with respect to our
objectives, goals and strategies to achieve those objectives and
goals, as well as statements with respect to our beliefs, plans,
objectives, expectations, anticipations, estimates and intentions.
The words "may", "will", "could", "should", "would", "suspect",
"outlook", "believe", "plan", "anticipate", "estimate", "expect",
"intend", "forecast", "objective" and "continue" (or the negative
thereof), and words and expressions of similar import, are intended
to identify forward-looking statements.
By their very nature, forward-looking statements involve
inherent risks and uncertainties, both general and specific, which
give rise to the possibility that predictions, forecasts,
projections and other forward-looking statements will not be
achieved. Certain material factors or assumptions are applied in
making forward-looking statements and actual results may differ
materially from those expressed or implied in such statements. We
caution readers not to place undue reliance on these statements, as
a number of important factors, many of which are beyond our
control, could cause our actual results to differ materially from
the beliefs, plans, objectives, expectations, anticipations,
estimates and intentions expressed in such forward-looking
statements. These factors include, but are not limited to:
dependence on government-based revenues in Canada; general economic
conditions; pending and proposed legislative or regulatory
developments in Canada including the impact of changes in laws,
regulations and the enforcement thereof; reliance on funding models
in Canada; operational and infrastructure risks including possible
equipment failure and performance of information technology
systems; intensifying competition resulting from established
competitors and new entrants in the businesses in which we operate;
our ability to complete strategic acquisitions and to integrate our
acquisitions successfully; insurance coverage of sufficient scope
to satisfy any liability claims; fluctuations in total patient
referrals; technological change and obsolescence; loss of services
of key senior management personnel; privacy laws; ability to pay
dividends in the future; structural subordination of common shares;
leverage and restrictive covenants; fluctuations in cash timing and
amount of capital expenditures; tax-related risks; unpredictability
and volatility of the price of common shares; dilution; and future
sales of common shares.
We caution that the foregoing list of important factors that may
affect future results is not exhaustive. When reviewing our
forward-looking statements, investors and others should carefully
consider the foregoing factors and other uncertainties and
potential events. Additional information about factors that may
cause actual results to differ materially from expectations, and
about material factors or assumptions applied in making
forward-looking statements, may be found in the "Risk Factors"
section of our Annual Information Form, under "Business Risks" and
elsewhere in our Management's Discussion and Analysis of Operating
Results and Financial Position ("MD&A") for the year ended
December 31, 2011 and elsewhere in our filings with Canadian
securities regulators. Except as required by Canadian securities
law, we do not undertake to update any forward-looking statements,
whether written or oral, that may be made from time to time by us
or on our behalf. Such statements speak only as of the date
made.
Contacts: CML HealthCare Inc. Alice Dunning, MBA, CFA Director,
Corporate Communications (905) 565-0043 ext. 3472 (905) 565-2844
(FAX)DunningA@cml.ca www.cmlhealthcare.com