Entrec Acquires Heavy Haul Transportation Equipment
January 13 2012 - 6:00AM
Marketwired Canada
Entrec Transportation Services Ltd. (TSX VENTURE:ENT) ("ENTREC") is pleased to
announce it has completed two separate acquisitions of certain heavy haul
transportation equipment.
The aggregate purchase price paid on closing was $1.43 million and was paid
through a combination of (i) the issuance of 358,047 common shares of ENTREC
issued at a deemed price of $1.35 per share; and (ii) the remainder in cash.
About ENTREC
ENTREC specializes in the transportation and rigging of overweight and oversized
cargo for the oil and gas, construction, petrochemical, mining and power
generation industries. The common shares of ENTREC trade on the TSX Venture
Exchange under the trading symbol "ENT".
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