Dividend Select 15 Corp. Completes Overnight Offering of $17,595,000

TORONTO, ONTARIO -- (Marketwired) -- 03/09/15 -- Dividend Select 15 Corp. (the "Company") is pleased to announce it has completed an overnight offering of 1,700,000 Equity Shares. Total proceeds of the offering were $17.6 million, bringing the Company's net assets to approximately $91.6 million. The shares will trade on the Toronto Stock Exchange under the existing symbol of DS.

The Equity Shares were offered at a price of $10.35 per Share to yield 10%.

The offering was co-led by National Bank Financial Inc., CIBC, RBC Capital Markets and will also include Scotia Capital Inc., TD Securities Inc., BMO Capital Markets, GMP Securities L.P., Canaccord Genuity Corp. and Raymond James.

The net proceeds of the offering will be used by the Company to invest in an actively managed portfolio of 15 Canadian companies selected from the following 20 company universe which are among the highest Canadian dividend yielding stocks.

Bank of Montreal          Great-West Lifeco Inc.   TELUS Corporation
BCE Inc.                  Husky Energy Inc.        The Bank of Nova Scotia
CIBC                      National Bank of Canada  The Toronto-Dominion Bank
CI Financial Corp.        Power Corporation of     Thomson Reuters
                          Canada                   Corporation
Enbridge Inc.             Royal Bank of Canada     TMX Group Inc.
EnCana Corporation        Loblaw Companies Limited TransAlta Corporation
                          Sun Life Financial Inc.  TransCanada Corporation

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Investors should read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the Company's publically filed documents which are available at www.sedar.com.

Contacts:
Dividend Select 15 Corp.
Investor Relations
416-304-4443 or Toll free at 1-877-4-Quadra (1-877-478-2372)
www.dividendselect15.com

Source: Dividend Select 15 Corp.

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