WestBond sets record and quarterly dividend payment dates

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DELTA, British Columbia, May 27, 2022 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce that a quarterly dividend of $0.005 per share will be paid on June 21, 2022 to shareholders of record in June 7, 2022. Dividends are eligible dividends for the purposes of the Income Tax Act (Canada).

Additional information is available on the Company’s website at www.westbond.ca and on SEDAR at www.sedar.com

For more information, please contact:

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Magistral Gennaro

CEO, President and Director
WestBond Enterprises Corporation
101 – 7403 Progress Way, Delta, BC V4G 1E7

Tel: (604) 940-3939

Caution Regarding Forward-Looking Statements: This release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws, including statements regarding the Company’s intentions. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should” or “would”. Forward-looking statements are based on certain material assumptions and analyzes made by the Company and on the opinions and estimates of management as of the date of this press release. , including the ability to maintain or expand markets and increase profitability.. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements contained in this press release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied by such forward-looking statements. These risk factors may include, among others, changes in operating performance, availability and prices of raw materials, availability of skilled labor, exchange rate fluctuations, unexpected competition and other technical, commercial and economic factors.. Although the Company’s management has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements or information, there may be other factors that cause the results are not those anticipated, estimated or intended. . There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on this information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statements, forward-looking information or financial outlook which are incorporated by reference herein, except in accordance with applicable securities laws. We are looking for a safe harbor.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Elaine R. Knight