TSX Symbol: ORI
WOODBRIDGE, ON, Nov. 29 /CNW/ - Organic Resource Management Inc. ("ORMI")
today announced that the TSX has given final approval to the share
consolidation approved by shareholders at the annual meeting on October 24,
The common shares of ORMI will be consolidated on a one-for-twenty basis
and posted for trading at the opening on Friday, November 30, 2007, under the
new CUSIP number 68618L203. No fractional common shares will be issued.
Letters of Transmittal were mailed to registered holders of common shares
on or about November 26, 2007 requesting them to forward their completed
Letters of Transmittal together with their common share certificates to Equity
Transfer & Trust Company at its principal office in Toronto in exchange for
share certificates representing the number of consolidated common shares of
the Company to which they are entitled.
This press release is available on the Company's official on-line
investor relations site for investor commentary, feedback and questions.
Investors are asked to visit the investor relations section of the Company's
website at http://www.ormi.com/ORMI_Investor.asp. Alternatively, investors are
asked to e-mail all questions and correspondence to email@example.com where they
can also request addition to the Organic Resource investor e-mail list to
receive all future press releases and updates directly.
About Organic Resource Management Inc.
Organic Resource is Canada's largest provider of vacuum truck services
for the collection, treatment and disposal of organic and other non-hazardous
liquid waste. ORMI services in excess of 8,000 commercial, industrial,
institutional and residential customers in Ontario, Quebec, and British
Columbia. Further information about ORMI may be obtained at the Company's web
site at www.ormi.com .
For further information:
For further information: Corporate Inquiries, Charles H. Buehler,
Chairman & Chief Executive Officer, firstname.lastname@example.org