CALGARY, Sept. 4, 2012 /CNW/ - Ridgeline Energy Services Inc.
("Ridgeline" or the "Company") (TSXV: RLE, OTCQX: RGDEF, FSE: RL7) an
energy services and water treatment company, today announces the board
of directors has approved a grant of 1,165,000 incentive share awards
to certain officers of the Corporation under the terms of the Share
Award Plan of the Corporation approved by shareholders on February 10,
2012 (the "Plan"). The share awards are granted in tandem and may be
exercised by the recipient as stock options or stock appreciation
rights in accordance with the provision of the Plan. The share awards
are subject to vesting provisions as established by the Corporation's
About Ridgeline Energy Services Inc.
Ridgeline Energy Services Inc. is an energy services and water treatment
company. The Company is applying proprietary technology to treat water
generated from industrial and commercial waste water markets. These
markets include a wide variety of clients across a broad spectrum of
industries including oil and gas. Through its environmental consulting
and remediation divisions, Ridgeline Environment has built a reputation
as an established provider of environmental services to the Western
Canadian oil and gas industry. Ridgeline GreenFill provides soil
remediation and wet waste disposal services to the oil and gas
industry. The Company trades on the TSX Venture Exchange under the
symbol "RLE", the OTCQX as "RGDEF" and the Frankfurt Stock Exchange as
Additional information is available on the Company's website at: www.ridgelinecanada.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Tony Ker, CEO
"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 this news
release. This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore, involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements. Such information is subject to known and unknown risks, uncertainties
and other factors that could influence actual results or events and
cause actual results or events to differ materially from those stated,
anticipated or implied in the forward-looking information. Readers are
cautioned not to place undue reliance on forward-looking information,
as no assurances can be given as to future results, levels of activity
SOURCE: Ridgeline Energy Services Inc.
For further information:
Ridgeline Energy Services Inc.
(604) 566-8066 ext. 3 (Vancouver)
Robert Blum, Joe Diaz or Joe Dorame
Lytham Partners, LLC
(602) 889-9700 (Phoenix)