Montreal, Canada (ots/PRNewswire)
- TORR Canada Inc. (TSX-V: TOR)
("TCI"), a leader in the extraction of hydrocarbons from produced
water, announces today that it has received conditional approval to
list its common shares and common share purchase warrants on the
Toronto Stock Exchange ("TSX").
TCI's common shares are currently traded on the TSX Venture
Exchange under the symbol "TOR" and its common share purchase
warrants under the symbol "TOR.WT". TCI will maintain trading under
the same stock symbols on the TSX.
Subject to receipt of final approval, it is anticipated that the
Corporation's common shares and share purchase warrants will commence
trading on the TSX on Thursday, September 14, 2006.
"The graduation to the TSX is another example of our commitment to
execute our strategy. The contracts signed in the last twelve months,
our strong balance sheet, and the graduation to the TSX are some
indications of the progress we've made since last year. We also
believe that our ascension to the TSX could enable us to potentially
reach a broader base of investors in the long term," said Alain
Ferland, President and Chief Executive Officer of TCI.
About TORR Canada Inc.
TCI is dedicated to providing water treatment solutions to the oil
and gas industry. TCI designs, develops, manufactures and
commercializes Reusable Petroleum Absorbent ("RPA") technologies to
separate oil and water in produced water generated by oil and gas
production. For more information , please visit www.torrcanada.com
Caution concerning forward-looking statements
This press release contains forward-looking statements. Such
statements inherently involve numerous risks and uncertainties.
Actual future results may differ from the anticipated results
expressed in the forward-looking statements contained in this press
release and TCI does not undertake to update this information.
Investors are cautioned against placing undue importance on
forward-looking information contained herein and should consult the
final short form prospectus and the documents incorporated by
reference therein, which contain a more exhaustive analysis of risks
and uncertainties connected to TCI's business.
THE TSX VENTURE EXCHANGE, INC. HAS NEITHER APPROVED NOR
DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE.
ots Originaltext: TORR Canada Inc.
Im Internet recherchierbar: http://www.presseportal.ch
For further information: TORR Canada Inc., Jacques L. Drouin, Chief
Financial Officer and Secretary, +1-(514)-522-5550, ext. 226,
; The Equicom Group Inc., Eric Bouchard,