EmberClear Corp. Announces Issuance of TSX Venture Exchange Final Bulletin
and Commencement of Trading
CALGARY, Dec. 29 /CNW/ - EmberClear Corp. ("New EmberClear") is pleased to announce that the TSX Venture Exchange ("TSXV") has issued its Final Bulletin which evidences the final approval of the TSXV of New EmberClear's acquisition of EmberClear Inc. ("Old EmberClear") and Future Ventures LLC ("Future Ventures") pursuant to a plan of arrangement under the Business Corporations Act (Alberta). The common shares of Old EmberClear will be delisted from the TSXV, and the common shares of New EmberClear will be listed on the TSXV, at the opening of trading on December 29, 2010. The common shares of New EmberClear will trade under the symbol "EMB".
New EmberClear's Business
New EmberClear is a clean energy technology company developing energy projects around the world. New EmberClear develops advanced carbon based gasification projects using various technologies in thermal chemistry acquired through exclusive and non-exclusive licenses. New EmberClear also holds options to lease land, options to access coal reserves, technology licenses and other project related assets. For more information please visit www.emberclear.com.
For further information in respect of New EmberClear and its business, see Old EmberClear's information circular and proxy statement dated November 19, 2010, a copy of which can be found on SEDAR at www.sedar.com.
Forward-Looking Statement Disclaimer
Certain statements contained in this document constitute forward-looking statements or information (collectively "forward-looking statements") within the meaning of the "safe harbour" provisions of applicable securities legislation. Forward-looking statements are typically identified by words such as "expect", "intend", "may", "will", "believe", "potential" and similar words suggesting future events or future performance. In particular, this document contains forward-looking statements pertaining to, without limitation, the anticipated timing of delisting of the Old EmberClear shares and the listing of the New EmberClear shares on the TSXV. With respect to forward-looking statements contained in this document, we have made various assumptions. Although we believe that the expectations reflected in the forward-looking statements contained in this document, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility actual results may differ materially from results expressed or implied by such forward-looking statements. The forward-looking statements contained in this document speak only as of the date of this document. Except as expressly required by applicable securities laws, we do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
© 2010 EmberClear Corp. All rights reserved.
All other trademarks are the property of their respective owners.
For further information:
David G. Anderson
Chief Financial Officer
Tel: 403.264.8817
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