TORR Canada Inc.

TORR Canada Receives Conditional Approval for Graduation to the Toronto Stock Exchange

    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

Contact:
For further information: TORR Canada Inc., Jacques L. Drouin, Chief
Financial Officer and Secretary, +1-(514)-522-5550, ext. 226,
jdrouin@torrcanada.com; The Equicom Group Inc., Eric Bouchard,
+1-(514)-844-7997, ebouchard@equicomgroup.com



Weitere Meldungen: TORR Canada Inc.

Das könnte Sie auch interessieren: