Tempus Capital Operations Update
Burlington, Ontario--(Newsfile Corp. - October 13, 2020) - Tempus Capital Inc. (CSE: TEMP) ("Tempus" or the "Company") is pleased to update shareholders on Tempus' business as it relates to the impact of the COVID-19 pandemic.
Since March, the company has had minimal interruptions to its operations and remains 100% leased.
Tempus is committed to the health and safety of its tenants, employees and the community during these unprecedented times. The company is working diligently to ensure a safe environment at its properties amidst the COVID-19 pandemic.
"During this time, our goal has been to help our tenants, to ensure that there continues to be a negligible effect on both our operations and that of our tenants," said Russell Tanz, Tempus President and CEO.
Tempus' portfolio is mostly comprised of tenants who provide essential services. Throughout the COVID-19 crisis, the majority of our tenants have remained opened and provide essential services to the community. As government restrictions related to the pandemic were constantly evolving, the Company worked with tenants to assist in their applications for the Canada Emergency Commercial Rent Assistance ("CECRA") program.
Management is committed to growing the Company's investments and adding value for its shareholders. Considering recent world events and market conditions, the Company is actively looking to diversify its business.
Tempus is a real estate operating company engaged in the acquisition, development and ownership of income producing properties in Canada, with a focus on strip mall shopping centres, storefront retail and mixed residential and commercial properties. Tempus is a reporting issuer in British Columbia, Ontario and Alberta.
On behalf of the board of directors
Tempus Capital Inc.
President and CEO
Not for distribution to U.S. newswire services or dissemination in the United States.
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