Horizon North Logistics Inc. Announces Increased Quarterly Dividend

CALGARY, Feb. 19, 2014 /CNW/ - TSX Symbol: HNL

Horizon North Logistic Inc. announced today that its Board of Directors has declared a dividend for the first quarter of 2014 at $0.08 per share. The dividend is payable to shareholders of record at the close of business on March 31, 2014 to be paid on April 15, 2014. The dividends are eligible dividends for Canadian tax purposes.

About Horizon

Horizon is a remote resource development service company that provides workforce accommodation solutions, camp management and catering services, and road and access matting solutions.  Horizon provides these services in support of oil sands development, oil and gas exploration, mining and infrastructure projects throughout Canada's western provinces and northern territories where local infrastructure does not meet project requirements.

Corporate 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

SOURCE Horizon North Logistics Inc.

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