TORONTO, ONTARIO--(Marketwired - May 4, 2016) - S Split Corp. (TSX:SBN) (TSX:SBN.PR.A) has declared monthly distributions payable on May 31, 2016 to shareholders of record on May 13, 2016, (ex-dividend date of May 11, 2016) in the following amounts per share:

Share Class Ticker Amount Per Share
Class A Shares SBN $0.03580
Preferred Shares SBN.PR.A $0.04375

Due to the recovery in the net asset value per unit, the Fund has reinstated distributions on its Class A Shares in accordance with the terms of the offering prospectus. To the extent that any portions of the distributions are ordinary taxable dividends and not capital gains dividends, they will be eligible dividends.

For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172 or visit

Contact Information:

Strathbridge Asset Management Inc.
Aaron Ho
Vice-President, Finance

Strathbridge Asset Management Inc.
121 King Street West, Suite 2600
Toronto, Ontario, M5H 3T9
416.681.3966; 1.800.725.7172