Casella Waste Systems, Inc. Files Shelf Registration Statement as a Renewal of Expiring Shelf
October 16 2008 - 7:21AM
Marketwired
Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste,
recycling and resource management services company, filed a S-3
Registration Statement on October 15, 2008 with the SEC. The
purpose of the filing is to renew and replace an existing
Registration Statement set to expire on December 1, 2008. No
drawdowns have been made against the existing Registration
Statement.
The Company does not have plans to issue securities under the
existing or the renewed Registration Statements until market
conditions are favorable. The S-3 enables the Company to register
up to an aggregate dollar amount of $250,000,000 of its
securities.
About Casella Waste Systems, Inc.
Casella Waste Systems is an integrated solid waste and resource
management company headquartered in Rutland, Vermont. For further
information, investors should contact Ned Coletta, director of
investor relations at (802) 772-2239; or visit the company's
website at http://www.casella.com.
Safe Harbor Statement
Certain matters discussed in this press release are
"forward-looking statements" intended to qualify for the safe
harbors from liability established by the Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
generally be identified as such by the context of the statements,
including words such as the company "believes," "expects,"
"anticipates," "plans," "may," "will," "would," "intends,"
"estimates" and other similar expressions, whether in the negative
or affirmative. These forward-looking statements are based on
current expectations, estimates, forecasts and projections about
the industry and markets in which we operate and management's
beliefs and assumptions. We cannot guarantee that we actually will
achieve the plans, intentions or expectations disclosed in the
forward-looking statements made. Such forward-looking statements,
and all phases of our operations, involve a number of risks and
uncertainties, any one or more of which could cause actual results
to differ materially from those described in our forward-looking
statements. Such risks and uncertainties include or relate to,
among other things: our landfill gas-to-energy facilities might not
perform as expected; we may be unable to reduce costs or increase
revenues sufficiently to achieve estimated EBITDA and other
targets; landfill operations and permit status may be affected by
factors outside our control, continuing weakness in general
economic conditions and poor weather conditions may affect our
revenues; we may be required to incur capital expenditures in
excess of our estimates; and fluctuations in the commodity pricing
of our recyclables may make it more difficult for us to predict our
results of operations or meet our estimates. There are a number of
other important risks and uncertainties that could cause our actual
results to differ materially from those indicated by such
forward-looking statements. These additional risks and
uncertainties include, without limitation, those detailed in Item
1A, "Risk Factors" in our Form 10-K for the year ended April 30,
2008. We do not necessarily intend to update publicly any
forward-looking statements whether as a result of new information,
future events or otherwise, except as required by law.
Contact: Ned Coletta Director of Investor Relations (802)
772-2239
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