FORT WAYNE, IN, Feb. 9 /CNW/ - WaterFurnace Renewable Energy, Inc.
[WFI:TSX] Timothy E. Shields, Chairman of the Board, announced that the
board has approved the regular quarterly dividend of $0.22 U.S. per
share. The dividend will be paid March 1, 2011 to shareholders of
record at the market close of February 21, 2011.
The press release covering fourth quarter and year end results will be
filed after the close of business on Monday, March 14, 2011. The annual
report to shareholders will be available at that time at www.waterfurnace.com and filed on SEDAR at www.sedar.com. Management will conduct a webcast covering the results of the quarter
and year at 11:00 AM Eastern Standard Time on Tuesday, March 15, 2011.
Interested parties can listen live or to the recorded version at http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3403400 or at the Company's website: www.waterfurnace.com.
More Information: WaterFurnace designs, manufactures and distributes geothermal heat
pumps. The geothermal units use the renewable solar energy stored just
below the surface to dramatically reduce the energy consumed by
buildings for heating, cooling and hot water.
Additional information is available on the Company's website: www.waterfurnace.com.
WaterFurnace Renewable Energy, Inc. is traded in both Canadian dollars
and U.S. dollars on the Toronto Stock Exchange under the symbol WFI for
Canadian dollars and WFI.U for U.S. dollars.
Risk and Uncertainties: This news release contains certain forward-looking statements that may
or may not be realized. Investors should not rely solely on this
information to make investment decisions. The Company's sales are
related to the cost and stability of electricity, fuel oil, propane and
natural gas. Federal, state and provincial building codes and energy
incentives can also impact sales. The Company is subject to standard
risks associated with most companies, such as normal competitive
SOURCE WaterFurnace Renewable Energy, Inc.
For further information:
WaterFurnace Renewable Energy, Inc.
9000 Conservation Way
Fort Wayne, IN 46809-9794