Cervus Equipment Opens New Transportation Dealership in Ottawa

November 10, 2016

Calgary, AB (November 10, 2016) - Cervus Equipment ("Cervus") (TSX: CVL) today opens a new transportation dealership in Ottawa, Ontario, making it the 73th Cervus location across Canada, Australia and New Zealand.

"We're excited to open our doors in Ottawa and deliver exceptional end-to-end truck services," says Gara Hay, General Manager, Cervus Transportation. "With an expanded presence, we're better able to serve customers in Ottawa and surrounding areas with premium truck products, parts and support for all makes and models."

The opening of the Ottawa dealership strengthens the network of support for Cervus transportation customers with locations spanning major trucking routes throughout the province.

The dealership is located just off Highway 417 and Highway 7 at 2650 Carp Road, Carp, Ontario K0A 1L0, is open Monday to Friday and can reached by phone at 613-831-2940.

About Cervus Equipment Corporation

Cervus acquires and operates authorized agricultural, commercial, industrial and transportation equipment dealerships. The Company has interests in 73 dealerships in Canada, New Zealand, and Australia. The common shares of Cervus are listed on the Toronto Stock Exchange and trade under the symbol "CVL".

For more information please contact:

Gara Hay
General Manager, Cervus Transportation
Phone: 289-834-1706
E-Mail: [email protected]

Cervus Equipment Corporation is pleased to announce the completion of its previously announced acquisition by Brandt Tractor Ltd., which was implemented through a Court-approved plan of arrangement under Section 192 of the Canada Business Corporations Act involving Cervus, Brandt and 13255026 Canada Ltd., a wholly owned subsidiary of Brandt, and Cervus shareholders.

Cervus Equipment Corporation is pleased to announce that, at the special meeting of Cervus shareholders held earlier today, Cervus shareholders approved the special resolution approving the previously announced plan of arrangement involving Cervus, Brandt Tractor Ltd., 13255026 Canada Ltd., a wholly owned subsidiary of Brandt, and Cervus shareholders under Section 192 of the Canada Business Corporations Act.

Cervus Equipment Corporation (the "Company" or "Cervus") (TSX: CERV) is pleased to announce that each of Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. ("Glass Lewis"), leading independent proxy advisory firms, have recommended that Cervus shareholders vote "FOR" the special resolution approving the previously announced plan of arrangement involving Cervus, Brandt Tractor Ltd. ("Brandt"), 13255026 Canada Ltd. (the "Purchaser") and Cervus shareholders under Section 192 of the Canada Business Corporations Act (the "Transaction") at the special meeting of Cervus shareholders to be held at 2:00 p.m. (Calgary time) on October 12, 2021 (the "Special Meeting") for the purpose of obtaining the requisite approval of Cervus shareholders for the Transaction.