Algoma Central Corporation to Hold Conference Call to Discuss Recent Business Initiatives

(TSX : ALC)

ST. CATHARINES, ON, Dec. 3,2015 /CNW/ - Algoma Central Corporation ("Algoma" – www.algonet.com) will be holding a conference call at 2PM EST on Tuesday December 8^th, 2015.  The call will be open to all investors and others interested in the Company. A simulcast webcast of the call will also be made available.

During the call, Company President and CEO Ken Bloch Soerensen and Vice-President, Finance and CFO Peter Winkley will discuss recent initiatives taken by Algoma and the financial results for the year-to-date. In addition, Mr. Soerensen will share his views of the strategic opportunities the Company faces.

To access the conference call dial: ([phone]

To access the webcast, use the following URL:

http://event.on24.com/r.htm?e=1103221&s=1&k=A1C919FF2C02E0D9931C698312D981E0

The webcast and the materials prepared for the call will be available on the Company's website following completion of the presentation.

About Algoma Central Corporation

Algoma Central Corporation operates the largest Canadian flag fleet of dry and liquid bulk carriers on the Great Lakes - St. Lawrence Waterway, including 18 self-unloading dry-bulk carriers, seven gearless dry bulk carriers and seven product tankers. The Company has announced contracts for seven domestic dry-bulk vessels as part of its on-going fleet renewal program. Algoma also has interests in ocean dry-bulk vessels operating in international markets. Algoma provides ship management services for other ship owners and owns a diversified ship repair and steel fabricating facility active in the Great Lakes and St. Lawrence regions of Canada.

SOURCE Algoma Central Corporation

Ken Bloch Soerensen, President and CEO, 905-687-7885; Peter D. Winkley, CPA, CA, Vice President, Finance and CFO, 905-687-7897