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Press release from CNW Group

Horizon North Logistics Inc. Announces Increased Quarterly Dividend

Wednesday, February 22, 2012

Horizon North Logistics Inc. Announces Increased Quarterly Dividend18:42 EST Wednesday, February 22, 2012TSX Symbol: HNLCALGARY, Feb. 22, 2012 /CNW/ - Horizon North Logistic Inc. announced today that its Board of Directors has declared a dividend for the first quarter of 2012 at $0.05 per share.  The dividend is payable to shareholders of record at the close of business on March 31, 2012 to be paid on April 13, 2012.  The dividends are eligible dividends for Canadian tax purposes.For further information: Additional information related to the Corporation, including the Corporation's annual information form, press releases, financial statements, and MD&A are available on SEDAR at www.sedar.com. 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