TORONTO, ONTARIO--(Marketwired - Oct. 6, 2016) - Superior Plus Corp. (TSX:SPB)
October 2016 Cash Dividend - $0.06 per share
Superior Plus Corp. ("Superior") today announced its cash dividend for the month of October 2016 of $0.06 per share payable on
November 15, 2016. The record date is October 31, 2016 and the ex-dividend date will be October 27, 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 Third Quarter Results and Conference Call
Superior expects to release its 2016 third quarter results on Thursday, October 27, 2016. A conference call and webcast
for investors, analysts, brokers and media representatives to discuss the 2016 third quarter results is scheduled for 10:30 a.m.
EDT on Friday, October 28, 2016. To participate in the call, dial: 1-866-223-7781. An archived recording of the call
will be available for replay until midnight, November 28, 2016. To access the recording, dial: 1-800-408-3053 and enter the
pass code 1254933 followed by the # key. Internet users can listen to the call live, or as an archived call, on Superior's
website at www.superiorplus.com under the webcasts section.
Superior Plus 2016 Annual Investor Day
Superior Plus Corp. is pleased to announce its upcoming Annual Investor Day on Friday, November 18, 2016 at the Fairmont Royal
York in the Upper Canada Room in Toronto. A detailed update on Superior's current operations, short and long-term growth
opportunities and financial position will be presented. The formal presentation will commence at 8:30AM EST, a light breakfast
and lunch will be served. Members of the professional investment community are invited to attend. To confirm your participation,
please rsvp by e-mailing your contact information to rsvpinvestorday@superiorplus.com. Details of the event can also be found on
Superior's website at www.superiorplus.com.
About the Corporation
Superior consists of two primary operating businesses: Energy Distribution includes the distribution of propane and
distillates, and supply portfolio management; and Specialty Chemicals includes the manufacture and sale of specialty
chemicals.
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, the tax treatment thereof, and the receipt of cash dividends.
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.