Tree Island Steel Announces Quarterly Dividend

Tree Island Steel Ltd. is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.02 per share on the issued and outstanding Common Shares of the Company, payable on October 14, 2016, to holders of record at the close of business on September 30, 2016. Tree Island Steel, headquartered in Richmond, British Columbia, since 1964, through its five operating facilities in Canada and the United States, produces wire products for a diverse range of industrial, residential construction, commercial construction, agricultural, and specialty applications. Its products include galvanized wire, bright wire; a broad array of fasteners, including packaged, collated and bulk nails. The Company also maintains a presence in Beijing to assist with the international sourcing of products to Tree Island and its customers.