Founders Advantage Capital Corp. announced that its Board of Directors has declared a quarterly cash dividend on its common shares of $0.0125 per common share. The dividend will be payable on October 12, 2017 to shareholders of record as at September 29, 2017. The shares will commence trading on an ex-dividend basis on September 27, 2017. The company announced that the dividend to be paid on the common shares is designated as an 'eligible dividend' for Canadian income tax purposes.

The company also announced the departure of Mr. Allan Bezanson as Executive Vice President of the company. Mr. Bezanson was the former Interim CEO of the Corporation up to February 23, 2016 and remained with the Corporation as Executive Vice President thereafter to assist with the transition to the new investment model and the new management team.