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ENT Entrec Corporation

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Share Name Share Symbol Market Type
Entrec Corporation TSXV:ENT TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Entrec Corporation Grants Restricted Shares

02/01/2014 11:00am

Marketwired Canada


ENTREC Corporation  (TSX VENTURE:ENT) (the "Corporation" or "ENTREC") advises
that it has granted 1,368,504 restricted shares (the "Restricted Shares") to its
employees, officers and directors, pursuant to the terms of ENTREC's Restricted
Share Plan. 71,004 of the Restricted Shares were granted to directors and 64,000
of the Restricted Shares were granted to officers of the Corporation. With the
exception of Restricted Shares granted to non-employee directors, which vest
immediately upon grant, the Restricted Shares vest at 20% per year over 5 years
commencing January 1, 2015. All of the Restricted Shares are due to expire on
January 1, 2024. 


"We are firm believers that employee ownership is critical to our overall
success," said John M. Stevens, ENTREC's President and COO. "We differentiate
ourselves from other companies in our industry by allowing our key employees to
become owners. Employee ownership provides employees with a vested interest in
ENTREC's future and allows them to fully participate in the benefits of our
success."


Further details regarding the Restricted Share Plan can be found in the
information circular of the Corporation dated March 12, 2013 which can be found
at www.sedar.com.


About ENTREC

ENTREC is a leading provider of heavy lift and heavy haul services with
offerings encompassing crane services, heavy haul transportation, engineering,
logistics and support. ENTREC provides these services to the oil and natural
gas, construction, petrochemical, mining and power generation industries.
ENTREC's common shares trade on the TSX Venture Exchange under the trading
symbol "ENT". 


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 or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Entrec Corporation
Rod Marlin
Chairman & CEO
(780) 960-5647


Entrec Corporation
John M. Stevens
President & COO
(780) 960-5625


Entrec Corporation
Jason Vandenberg
CFO
(780) 960-5630
www.entrec.com

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