Horizon North Logistics Inc. Announces Executive Appointments

CALGARY, Aug. 22, 2018 /PRNewswire/ - Horizon North Logistics Inc. ("Horizon North" or the "Corporation") (TSX – HNL.TO) announces two new executive appointments.

President, Industrial Services

Mark Becker joins Horizon North as President, Industrial Services.

Mark will be responsible for providing strategic leadership to Horizon North's Industrial Services business.  Mark comes to Horizon North from Husky Energy Inc., where he advised on Canadian Atlantic offshore oil and gas development. Prior to Husky, Mark held executive leadership positions at Suncor Energy Inc. including operations, major projects, and corporate strategy. Most recently at Suncor, Mark was accountable for the safe and successful delivery of the Fort Hills oil sands project. Mark started his career with The Dow Chemical Company across a broad range of developmental roles. Mark holds a Master of Business Administration from the University of Alberta and a Bachelor of Science in Mechanical Engineering from the University of Saskatchewan. He is a certified board member (ICD.D) and professional engineer registered with the Association of Professional Engineers and Geoscientists of Alberta ("APEGA"). 

"We have reached a critical inflection point in our Industrial Services business," said Rod Graham, President and Chief Executive Officer of Horizon North. "Our customers continually evolve and are among the most sophisticated in the country. Adding Mark and his unique talents will allow us to continue to grow with, and better serve, our customer base."

President, Modular Solutions

Joseph Kiss has been promoted to President, Modular Solutions.     

Since joining the Corporation in 2016, Joseph has continued to lead strategic and technical shifts across Horizon North's Modular Solutions business line. In his new role, Joseph will be focused on further growth into new geographic markets and diversity of product applications. Joseph holds a Master's degree in Environmental Engineering and a Bachelor of Science in Civil Engineering from the University of Calgary. Joseph is a professional engineer registered with APEGA and has extensive executive experience in modular product development, project management, operations, business development, and corporate management. 

"The addition of these two leadership positions will allow Horizon North to continue being a provider of choice in the markets in which we compete," said Rod Graham. "I am confident that Mark and Joseph will provide strong leadership for our organization, while focusing on an exceptional experience for our diverse set of customers."

About Horizon North

Horizon North is a publicly listed corporation (TSX: HNL.TO) providing a full range of industrial, commercial, and residential products and services. Our Industrial Services division supplies workforce accommodations, camp management services, access solutions, maintenance and utilities. Our Modular Construction division integrates modern design concepts and technology with state of the art, off-site manufacturing processes; producing high quality building solutions for commercial and residential offerings including offices, hotels, and retail buildings, as well as distinctive single detached dwellings and multi-family residential structures. As a result of our diverse product and service offerings, Horizon North is uniquely positioned to meet the needs of our customers in numerous sectors, anywhere in Canada.

Corporate Information

Additional information related to Horizon North, including the Corporation's annual information form, press releases, financial statements and MD&A are available on SEDAR at www.sedar.com

Forward-looking Statements

This news release contains certain statements or disclosures relating to Horizon North that are based on the expectations of its management as well as assumptions made by and information currently available to Horizon North which may constitute forward-looking statements or information ("forward-looking statements") under applicable securities laws. All such statements and disclosures, other than those of historical fact, which address activities, events, outcomes, results or developments that Horizon North anticipates or expects may, or will occur in the future (in whole or in part) should be considered forward-looking statements. In some cases, forward-looking statements can be identified by the use of the word ''will'' and similar expressions.

In particular, but without limiting the foregoing, this news release contains forward-looking statements pertaining to the following: the roles and responsibilities of Mark Becker and Joseph Kiss (the "Executives"); the benefits to the Corporation of the Executives' employment by the Corporation.

The forward-looking statements contained in this news release reflect several material factors and expectations and assumptions of Horizon North including, without limitation: that Horizon North will continue to conduct its operations in a manner consistent with past operations; the general continuance of current or, where applicable, assumed industry conditions; availability of debt and/or equity sources to fund Horizon North's capital and operating requirements as needed; and certain cost assumptions.

Horizon North believes the material factors, expectations and assumptions reflected in the forward-looking statements are reasonable at this time but no assurance can be given that these factors, expectations and assumptions will prove to be correct. The forward-looking statements included in this news release are not guarantees of future performance and should not be unduly relied upon. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements including, without limitation: general economic, market and business conditions; the Executives may not perform in the manner anticipated or at all; increased costs and expenses; reliance on industry partners; and certain other risks detailed from time to time in Horizon North's public disclosure documents including, without limitation, those risks identified in this news release, and in Horizon North's annual information form, copies of which are available on Horizon North's SEDAR profile at www.sedar.com. Readers are cautioned that the foregoing list of factors is not exhaustive and are cautioned not to place undue reliance on these forward-looking statements.

The forward-looking statements contained in this news release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

SOURCE Horizon North Logistics Inc.

Related Links

www.horizonnorth.ca