CORRE in Top 50 Companies Selected by TSX Venture Exchange
15 Février 2012 - 4:46PM
Marketwired
Canadian Oil Recovery and Remediation Enterprises Ltd. (TSX
VENTURE:CVR)(OTCQX:CRVYF) ("CORRE" or the "Company") is pleased to
announce that it has been selected as one of the top 50 performing
companies on the TSX Venture Exchange and has been recognized as a
TSX Venture 50 company.
The companies were selected based on strong results in key
measures of market performance which include share price
appreciation, trading volume, market capitalization growth and
analyst coverage. The TSX Venture 50 is an annual ranking of the
top performers of the Venture Exchange and is comprised of ten
companies from each of five sectors: Clean Technology, Mining Oil
& Gas, Diversified Industries, and Technology & Life
Sciences.
"We are extremely honored to be included in the TSX Venture 50
and to be recognized as a top performer in the clean technology
sector," commented John Lorenzo, CORRE's CEO.
CORRE is privileged to have been selected from the more than
2,000 companies listed on the TSX Venture Exchange and to be
invited to attend the TSX Venture 50 Spotlight Event on April 3rd,
2012 in Toronto where the Company will be showcased in front of the
investment community. TSX Venture 50 is a trade-mark of TSX Inc.
and is used under license.
About CORRE
CORRE (www.corre.com) is a Canadian-based clean technology
company that provides innovative and complete oil waste management
and environmental solutions to its customers. CORRE's operating
lines include remediating oil-contaminated soil; treating sludge,
oil based muds and drilling waste; oil recovery; automated oil
storage tank cleaning; oil and gas engineering, and project
management. CORRE provides its services through its owned and
operated Advanced Recovery Equipment Systems ("ARES") and through
strategic operating partnerships. ARES is a platform of services
and operating equipment facilities based on proven technologies and
innovative operating processes. CORRE's customers are primarily in
the upstream petroleum sector (oil production and drilling
companies) and downstream petroleum sector (oil refinery,
transportation and distribution companies).
Forward Looking Statements
Except for statements of historical fact relating to the
Company, certain information contained herein constitutes
forward-looking statements. Forward-looking statements are based on
the opinions and estimates of management at the date the statements
are made, and are subject to a variety of risks and uncertainties
and other factors that could cause actual events or results to
differ materially from those projected in the forward-looking
statements. Except as required by applicable securities
requirements, the Company undertakes no obligation to update
forward-looking statements if circumstances or management's
estimates or opinions should change. The reader is cautioned not to
place undue reliance on forward-looking statements.
Neither 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 or
accuracy of the release.
Contacts: CORRE LTD. Alex Gress CFO 416-368-4027agress@corre.com
CORRE LTD. Lindsay Cross 416-368-3050lcross@corre.com www.corre.com
KCSA Strategic Communications Todd Fromer / Phil Carlson
212-896-1215 / 1233Corre@kcsa.com
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