|By Marketwired .||
|June 5, 2014 05:07 PM EDT||
SPRUCE GROVE, ALBERTA -- (Marketwired) -- 06/05/14 -- ENTREC Corporation (the "Company") (TSX VENTURE: ENT) is pleased to announce that the Company's common shares and 7% convertible unsecured subordinated debentures will be listed and commence trading on the Toronto Stock Exchange (the "TSX") on June 9, 2014, under the symbol "ENT".
As a result of the Company's graduation to the TSX, there will be no further trading under the symbol "ENT" on the TSX Venture Exchange (the "TSX-V") after June 6, 2014, and the Company's common shares and 7% convertible unsecured subordinated debentures will be delisted from the TSX-V at the commencement of trading on the TSX.
"I am pleased and honoured that our company has reached this natural next step," said John M. Stevens, the President and Chief Executive Officer of the Company. "While the TSX Venture Exchange has served us well, this graduation will provide us access to a greater capital reach and increased liquidity. This will also help us continue our growth and develop a stronger profile in the investor community."
ENTREC is a leading provider of heavy lift and heavy haul services with offerings encompassing crane services, heavy haul transportation, engineering, logistics and support. ENTREC provides these services to the oil and natural gas, construction, petrochemical, mining and power generation industries.
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.
John M. Stevens
President & CEO
Chris Van Tuin, Chief Technologist for the Western US at Red Hat, has over 20 years of experience in IT and Software. Since joining Red Hat in 2005, he has been architecting solutions for strategic customers and partners with a focus on emerging technologies including IaaS, PaaS, and DevOps. He started his career at Intel in IT and Managed Hosting followed by leadership roles in services and sales engineering at Loudcloud and Linux startups.
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