OAK BROOK, IL, March 3 /CNW/ - Primary Energy Recycling Corporation (TSX:
PRI.UN) (the "Company") today announced that it has received a February 29,
2008 letter from Brian T. Vaasjo tendering his resignation from the Board of
Directors. The resignation was effective immediately.
Michel Lavigne, Chair of the Board of the Company said "Brian has made
positive contributions to the Board and we will miss his participation. We
thank him for dedicated service and wish him well in his future endeavors."
When used in this news release, the words "anticipate", "expect",
"project", "believe", "estimate", "forecast" and similar expressions are
intended to identify forward-looking statements. Such statements are subject
to certain risks, uncertainties and assumptions pertaining, but not limited,
to operating performance, regulatory parameters, weather and economic
conditions and the factors discussed in the Company's public filings available
on SEDAR at www.sedar.com. These forward-looking statements are made as of the
date of this press release and the Company assumes no obligation to update or
revise them to reflect new events or circumstances.
About Primary Energy Recycling Corporation
Primary Energy Recycling Corporation owns a majority interest in Primary
Energy Recycling Holdings LLC ("PERH"). PERH, headquartered in Oak Brook,
Illinois, indirectly owns and operates four recycled energy projects and a
50 per cent interest in a pulverized coal facility (collectively, the
"Projects"). The Projects have a combined electrical generating capacity of
283 megawatts and a combined steam generating capacity of 1.8 MMlbs/hour. PERH
creates value for its customers by capturing and recycling waste energy from
industrial and electric generation processes and converting it into reliable
and economical electricity and thermal energy for its customers' use. For more
information, please see www.primaryenergyrecycling.com.
For further information:
For further information: V. Michael Alverson, Chief Financial Officer,
EPCOR USA Ventures LLC, (630) 371-0505, firstname.lastname@example.org