CALGARY, Feb. 9 /CNW/ - EmberClear Corp. (TSXV: EMB) ("EMB") announced
that it has granted an aggregate of 2.486 million options to purchase
common shares of EMB at a price of $2.09 per share (being the closing
trading price of EMB's shares on the TSXV on February 8, 2011), 1.905
of which were granted to Directors and Officers of the Company. The
options have a term of five years.
EmberClear Corp. ("EmberClear") is a clean energy technology company
developing energy projects around the world. EmberClear will provide
engineering and project development services for economic and efficient
clean fossil energy solutions and scientific consulting services for
international projects. EmberClear projects will utilize advanced
carbon based gasification technology acquired through exclusive and
non-exclusive licenses. EmberClear also holds title to real estate and
coal deposits. EmberClear intends to utilize additional technology
licenses as needed to fully develop commercial scale energy projects.
For more information please visit www.emberclear.com.
Forward-Looking Statement Disclaimer
Certain statements contained in this document constitute forward-looking
statements or information (collectively "forward-looking statements")
within the meaning of the "safe harbour" provisions of applicable
securities legislation. Forward-looking statements are typically
identified by words such as "expect", "intend", "may", "will",
"believe", "potential" and similar words suggesting future events or
future performance. In particular, this document contains
forward-looking statements pertaining to, without limitation, our
business strategies and plans. With respect to forward-looking
statements contained in this document, we have made various
assumptions. Although we believe that the expectations reflected in
the forward-looking statements contained in this document, and the
assumptions on which such forward-looking statements are made, are
reasonable, there can be no assurance that such expectations will prove
to be correct. Readers are cautioned not to place undue reliance on
forward-looking statements included in this document, as there can be
no assurance that the plans, intentions or expectations upon which the
forward-looking statements are based will occur.
Neither the 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 of this release.
© 2011 EmberClear Corp. All rights reserved.
All other trademarks are the property of their respective owners.
SOURCE EmberClear Corp.
For further information:
David G. Anderson
Chief Financial Officer