Findev Inc. Announces 9th Consecutive Dividend

TORONTO, ON / ACCESSWIRE / December12, 2018 / Findev Inc. ("Findev" or the "Corporation") (TSX-V:FDI), is pleased to announce that on December 6th, the Directors ofthe Corporations declared an 9thconsecutive quarterly dividend of $0.0075 pershare ($0.03 per share annualized), payable on January 11th, 2019 toshareholders of record as of December 28, 2018.

The above-mentioned dividend to be paid on thecommon shares of the Corporation is designated as an eligible dividend for thepurpose of the Income Tax Act (Canada) and any similar provincial andterritorial legislation.

The declaration, amount and payment of futurecash dividends are subject to the Board of Directors' continuing determinationthat the payment of dividends are in the best interests of the Corporation'sshareholders and are in compliance with all laws and agreements of theCorporation applicable to the declaration and payment of such dividends.

About Findev

Findev is apublicly traded real estate finance company with a primary focused on financingreal estate developers with one to five year terms during the development orredevelopment process as well as special situation loans.Loans are secured by investment properties andreal estate developments throughout the Greater Toronto Area as well as GSAs.Findev's unique market advantages include itsexpertise in real estate development and access to its real estate developmentpartners.As a result, Findev isuniquely suited to assist developers engaged in challenging projects. Forfurther information please visit Findev's website at www.findev.ca.

On behalf of the Company,

Sruli Weinreb, CEO
(647) 789 - 5188
[email protected]

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATIONSERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTUREEXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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Forward-Looking Statements

Certain statements in this document may constitute"forward-looking" statements, which involve known and unknown risks,uncertainties and other factors which may cause our actual results, performanceor achievements, or industry results, to be materially different from anyfuture results, performance or achievements expressed or implied by suchforward-looking statements. When used in this document, such statements usewords like "may", "will", "expect", "continue", "believe", "plan", "intend","would", "could", "should", "anticipate" and other similar terminology. Thesestatements reflect current assumptions and expectations regarding future eventsand operating performance and speak only as of the date of this document.Forward-looking statements involve significant risks and uncertainties, shouldnot be read as guarantees of future performance or results, and will notnecessarily be accurate indications of whether or not such results will beachieved. A number of factors could cause actual results to vary significantlyfrom the results discussed in the forward-looking statements, including, butnot limited to, the factors discussed under the "Risk Factors" section of theCorporation's the most recently filed Annual Report which is available on SEDARat www.sedar.com.

Although the forward-looking statements containedin this document are based upon what we believe are reasonable assumptions, wecannot assure investors that our actual results will be consistent with theseforward-looking statements. We assume no obligation to update or revise theseforward-looking statements to reflect new events or circumstances, except asrequired by securities law.

SOURCE: Findev Inc.