TORONTO, ONTARIO--(Marketwired - Aug. 4, 2016) - Superior Plus Corp. (TSX:SPB)
August 2016 Cash Dividend - $0.06 per share
Superior Plus Corp. ("Superior") today announced its cash dividend for the month of August 2016 of $0.06 per share payable on
September 15, 2016. The record date is August 31, 2016 and the ex-dividend date will be August 29, 2016. Superior's annualized
cash dividend rate is currently $0.72 per share. This dividend is an eligible dividend for Canadian income tax purposes.
Upcoming Release of 2016 Second Quarter Results and Conference Call
Superior expects to release its 2016 second quarter results on Tuesday, August 9, 2016. A conference call and webcast for
investors, analysts, brokers and media representatives to discuss the 2016 second quarter results is scheduled for 10:30 a.m. EST
on Wednesday, August 10, 2016. To participate in the call, dial: 1-866-223-7781. An archived recording of the call will be
available for replay until midnight, Saturday, September 10, 2016. To access the recording, dial: 1-800-408-3053 and enter pass
code 4700400. Internet users can listen to the call live, or as an archived call, on Superior's website at: www.superiorplus.com under the Events section.
About the Corporation
Superior consists of three primary operating businesses: Energy Distribution includes the distribution of propane and
distillates, and supply portfolio management; Specialty Chemicals includes the manufacture and sale of specialty chemicals; and
Construction Products Distribution includes the distribution of specialty construction products.
For further information about Superior, please visit our website at: www.superiorplus.com.
Forward Looking Information
This news release contains certain forward-looking information and statements that are based on Superior's current
expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. In this
news release, such forward-looking information and statements can be identified by terminology such as "to be", "expects",
"annualized", and similar expressions.
In particular, this news release contains forward-looking statements and information relating to: future dividends which
may be declared on Superior's common shares, the dividend payment and the tax treatment thereof. These forward-looking statements
are being made by Superior based on certain assumptions that Superior has made in respect thereof as at the date of this news
release, regarding, among other things: the success of Superior's operations; prevailing commodity prices, margins, volumes and
exchange rates; that Superior's future results of operations will be consistent with past performance and management expectations
in relation thereto; the continued availability of capital at attractive prices to fund future capital requirements; future
operating costs; that any required commercial agreements can be reached; that all required regulatory and environmental approvals
can be obtained on the necessary terms in a timely manner. These forward-looking statements are not guarantees of future
performance and are subject to a number of known and unknown risks and uncertainties, including, but not limited to: the
regulatory environment and decisions; non-performance of agreements in accordance with their terms; the impact of competitive
entities and pricing; reliance on key industry partners and agreements; actions by governmental or regulatory authorities
including changes in tax laws and treatment, or increased environmental regulation; adverse general economic and market
conditions in Canada, North America and elsewhere; fluctuations in operating results; labour and material shortages; and certain
other risks detailed from time to time in Superior's public disclosure documents including, among other things, those detailed
under the heading "Risk Factors" in Superior's management's discussion and analysis and annual information form for the year
ended December 31, 2015, which can be found at www.sedar.com.
Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those
predicted, forecasted or projected. Such forward-looking statements are expressly qualified by the above statements. Superior
does not undertake any obligation to publicly update or revise any forward looking statements or information contained herein,
except as required by applicable laws.