/Not for distribution to United States or for dissemination in the
HALIFAX, Sept. 15, 2014 /CNW/ - (TSX: CLR): Clearwater Seafoods
Incorporated is pleased to announce that it will be added to the
S&P/TSX SmallCap Index, effective after the close of trading on Friday,
September 19, 2014. Standard and Poor's Canadian Index Operations
announced this addition on September 12, 2014, following results of
their annual review of the S&P/TSX SmallCap Index.
"The addition of Clearwater Seafoods to the S&P/TSX SmallCap Index is
important recognition of our progress over the past number of years in
growing our market capitalization and the liquidity in our shares. We
expect that our inclusion in this index will continue to drive investor
interest in Clearwater " said Ian Smith, CEO.
The S&P/TSX SmallCap Index provides an investable index for the Canadian
small cap market. The index is float adjusted and market cap weighted
and was developed with industry input as the ideal benchmark for those
with small cap exposure of the Canadian equity market. The Toronto
Stock Exchange (TSX) serves as the distributor of both real-time and
historical data for this index.
COMMENTARY REGARDING FORWARD-LOOKING STATEMENTS
This news release may contain "forward-looking information" as defined
in applicable Canadian securities legislation. All statements other than statements of historical fact, included in
this release, including, without limitation, statements regarding
future plans and objectives of Clearwater, constitute forward-looking
information that involve various known and unknown risks, uncertainties, and other
factors outside management's control. Forward-looking information is
based on a number of factors and assumptions which have been used to
develop such information but which may prove to be incorrect including,
but not limited to, total allowable catch levels, selling prices,
weather, exchange rates, fuel and other input costs. There can be no
assurance that such information will prove to be accurate and actual
results and future events could differ materially from those
anticipated in such forward-looking information.
For additional information with respect to risk factors applicable to
Clearwater, reference should be made to Clearwater's continuous
disclosure materials filed from time to time with securities
regulators, including, but not limited to, Clearwater's Annual
Information Form. The forward-looking information contained in this
release is made as of the date of this release and Clearwater does not
undertake to update publicly or revise the forward-looking information
contained in this release, whether as a result of new information,
future events or otherwise, except as required by applicable securities
No regulatory authority has approved or disapproved the adequacy or
accuracy of this news release.
Clearwater is one of North America's largest vertically integrated
seafood companies and the largest holder of shellfish licenses and
quotas in Canada. It is recognized globally for its superior quality,
food safety, diversity of species and reliable worldwide delivery of
premium wild, eco-certified seafood, including scallops, lobster,
clams, coldwater shrimp, crab and groundfish.
Since its founding in 1976, Clearwater has invested in science, people
and technological innovation as well as resource ownership and
management to sustain and grow its seafood resource. This commitment
has allowed it to remain a leader in the global seafood market and in
sustainable seafood excellence.
SOURCE: Clearwater Seafoods Incorporated
For further information:
Tyrone Cotie, Treasurer at (902) 457-8181 or look to Clearwater's website at www.clearwater.ca.