STT

STT Enviro Corp. ("STT" or the "Company") (TSX VENTURE:STT), announced that it
has today granted 795,000 options to directors and employees, subject to
regulatory approval. The options will be exercisable into the Company's common
shares for a period of five years at an exercise price of $0.13 per share, which
was the closing price of the Company's common shares on April 3, 2013.


About STT Enviro Corp.

STT Enviro Corp. (TSX VENTURE:STT) is an international supplier of industrial
processes and environmental solutions. We work with the biggest and most
respected names in the mining, oil & gas and utility sectors by assisting them
in reducing their environmental footprint and improving their operational
efficiency. 


Our three primary areas of business are in providing engineering, project
management and installation of bulk material/chemical handling systems for the
neutralization of pollutants; supplying bolted steel tanks and glass fused to
steel tanks for liquid storage projects; and sales of parts and aftermarket
services to our customers to help them in maintaining their systems and
increasing overall efficiency. 


STT Enviro Corp. is focused on becoming a leading supplier of environmental
solutions by continuing to grow its business organically and, longer term, to
make strategic acquisitions at prices that are financially accretive.


For more information, please visit our website at www.sttenvirocorp.com.

Caution Regarding Forward-Looking Information and Non-IFRS Measures

Forward-Looking Information 

This news release contains certain forward-looking statements. These statements
relate to future events or future performance and reflect management's current
expectations and assumptions regarding the growth, results of operations,
performance, and business prospects and opportunities. Such forward-looking
statements reflect management's current beliefs and expectations and are based
on information currently available to management of the Company. In particular,
statements regarding the future operating results and economic performance are
forward-looking statements. Forward-looking statements involve significant risks
and uncertainties. A number of factors could cause actual events or results to
differ materially from the events and results discussed in the forward-looking
statements, including risks outlined under "Risk Factors" in our Annual
Information Form, which is posted at www.sedar.com. In evaluating these
statements, investors should specifically consider various factors, including
such risks as Investment Risk; Business Valuations; Condition of Capital
Markets; Dependence on Key Personnel; General Economic Factors; Interest Rate
Risk; Competition; and Reliance on Key Suppliers. One or more of these "Risk
Factors" could cause actual events or results to differ materially from any
forward-looking statement. These factors should not be considered exhaustive.
Although the forward-looking statements contained in this press release are
based on what management of the Company considers to be reasonable assumptions
based on information currently available to them, there can be no assurance that
actual events or results will be consistent with these forward-looking
statements, and management's assumptions may prove to be incorrect. These
forward-looking statements are made as of the date of this press release, and
none of STT nor its directors assume any obligation to update or revise them to
reflect new events or circumstances. Undue reliance should not be placed on
forward-looking statements.


Non-IFRS Measures

The term "EBITDA" is a financial measure used in this document which is not a
standard measure under International Financial Reporting Standards ("IFRS"). The
Company's method of calculating EBITDA may differ from the methods used by other
issuers. Therefore, STT's measure of EBITDA, as presented in this press release,
may not be comparable to similar measures presented by other issuers. EBITDA
refers to net earnings determined in accordance with IFRS before depreciation,
amortization of intangible assets, gain or loss on disposal of property and
equipment, interest expense, accretion expense, special charges and recoveries,
stock compensation expense and income tax expense. Management believes that
EBITDA is a useful supplemental measure of cash available for debt service,
working capital, capital expenditures, income taxes, and distribution. Investors
are cautioned that EBITDA, as a non-IFRS measure, is not an alternative to
measures under IFRS and should not, on its own, be construed as an indicator of
performance or cash flows, a measure of liquidity or as a measure of actual
return.


The term "backlog" is a financial measure used in this document which is not a
standard measure under IFRS. The Company's method of calculating backlog may
differ from the methods used by other issuers. Therefore, STT's measure of
backlog, as presented in this press release, may not be comparable to similar
measures presented by other issuers. Backlog is the value of revenue remaining
to be earned from purchase orders received from customers. The projects
represented in backlog are executed according to a schedule agreed with each
customer, which could range in duration from one month to eighteen months.
Revenues are earned on a percentage of completion basis. Management uses this
measure to i) monitor the Company's success in securing new orders, and ii)
gauge the likelihood of meeting revenue objectives in future periods.


Investors are cautioned that backlog, as a non-IFRS measure, is not an
alternative to measures under IFRS and should not, on its own, be construed as
an indicator of performance or cash flows, a measure of liquidity or as a
measure of actual return.


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 of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor Relations:
Holly Hendershot
Director of Corporate Affairs
Tel: +1 905-875-5584
Email: hhendershot@sttenvirocorp.com

STT Enviro Corp. (TSXV:STT)
Historical Stock Chart
From May 2024 to Jun 2024

STT Enviro Corp. (TSXV:STT)
Historical Stock Chart
From Jun 2023 to Jun 2024