Superior Plus Announces October 2009 Cash Dividend, Closing of Common Share
Financing Over-Allotment Option and Upcoming Events
TSX: SPB
October 2009 Cash Dividend - $0.135 per share ---------------------------------------------
Superior Plus Corp. ("Superior") today announced its cash dividend for the month of
Closing of Common Share Financing Over-Allotment Option -------------------------------------------------------
Superior has closed on the over-allotment option granted to the underwriters (the "Over-Allotment Option") in connection with Superior's offering of 3,970,000 common shares for gross proceeds of approximately
2009 Third Quarter Results and Conference Call ----------------------------------------------
Superior expects to release its 2009 third quarter results on
Superior Plus 2009 Annual Investor Day --------------------------------------
Superior is pleased to announce its upcoming Annual Investor Day on
About the Corporation ---------------------
Superior Plus Corp. consists of three primary operating businesses: Energy Services includes the distribution of propane and distillates and fixed-price energy services; Specialty Chemicals includes the manufacture and sale of specialty chemicals; and Construction Products Distribution includes the distribution of specialty construction products.
Superior's shares and convertible debentures trade on the TSX as follows:
Trading Symbol Security Issued and Outstanding ------------------------------------------------------------------------- SPB Common Shares 95.7 million SPB.db.b 5.75% Debentures, Series 1 $174.9 million principal amount SPB.db.c 5.85% Debentures, Series 1 $75.0 million principal amount SPB.db.d 7.50% Debentures $69.0 million principal amount -------------------------------------------------------------------------
Forward Looking Information
Certain information included in this Press Release is forward-looking, within the meaning of applicable Canadian securities laws. Much of this information can be identified by looking for words such as "believe", "expects", "expected", "will", "intends", "projects", "anticipates", "estimates", "continues" or similar words. Forward-looking information in this Press Release includes but is not limited to, assumptions concerning the future payment of dividends and the treatment of shareholders under tax laws. Superior believes the expectations reflected in such forward-looking information are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.
Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties some of which are described herein. Such forward-looking information necessarily involves known and unknown risks and uncertainties, which may cause Superior's actual results to differ materially from any projections of future results expressed or implied by such forward-looking information. These risks and uncertainties include but are not limited to the inability of Superior to meet the liquidity tests set forth in the
For further information: about Superior, please visit our website at: www.superiorplus.com or contact: Wayne Bingham, Executive Vice-President and Chief Financial Officer, Tel: (403) 218-2951, Fax: (403) 218-2973, E-mail: [email protected] or A. Scott Daniel, Vice-President, Treasurer and Investor Relations, Tel: (403) 218-2953, Fax: (403) 218-2973, E-mail: [email protected], Toll Free: 1-866-490-PLUS (7587)
Share this article