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Press release from CNW Group

Horizon North Logistics Inc. Announces Quarterly Dividend

Wednesday, August 03, 2011

Horizon North Logistics Inc. Announces Quarterly Dividend18:37 EDT Wednesday, August 03, 2011TSX Symbol: HNLCALGARY, Aug. 3, 2011 /CNW/ - Horizon North Logistic Inc. ("Horizon" or the "Corporation") announced today that it has declared a dividend for the third quarter of 2011 at $0.04 per share, payable to shareholders of record at the close of business on September 30, 2011. The dividend will be paid on October 14, 2011. The ex-dividend date is September 28, 2011. The dividends are eligible dividends for Canadian income tax purposes.Corporate InformationAdditional information related to the Corporation, including the Corporation's annual information form, financial statements, and MD&A is available on SEDAR at www.sedar.com. Unless otherwise indicated, the consolidated financial statements have been prepared in accordance with IFRS and the reporting currency is in Canadian dollars.For further information: please contact Bob German, President and Chief Executive Officer or Scott Matson, Vice President Finance and Chief Financial Officer, 1600, 505 - 3rd Street S.W., Calgary, Alberta T2P 3E6; Telephone: (403) 517 - 4654; Fax: (403) 517 - 4678; Website: www.horizonnorth.ca