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ENT Entrec Corporation

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Last Updated: -
Delayed by 15 minutes
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 Grants Restricted Shares

02/04/2013 1:00pm

Marketwired Canada


ENTREC Corporation (the "Corporation" or "ENTREC") (TSX VENTURE:ENT) advises
that it has granted 222,900 restricted shares (the "Restricted Shares") to its
employees and directors, pursuant to the terms of ENTREC's Restricted Share
Plan, including 122,900 Restricted Shares granted to directors and officers of
the Corporation.


Under ENTREC's Restricted Share Plan, key employees, directors and other key
personnel are granted the right to receive an allotted number of common shares
from treasury at a deemed value equal to the market price of ENTREC's common
shares on the grant date. With the exception of the Restricted Shares granted to
non-management directors of the Corporation, the Restricted Shares vest at 20%
per year over 5 years commencing October 1, 2013. Restricted Shares granted to
non-management directors of the Corporation will vest immediately prior to the
Corporation's next annual general meeting. All Restricted Shares expire ten
years from the date of grant.


About ENTREC

ENTREC specializes in the lifting, transportation (over the road and on-site),
loading, off-loading and setting of overweight and oversized cargo for the oil
and natural gas, construction, petrochemical, mining and power generation
industries. The common shares of ENTREC trade on the TSX Venture Exchange under
the trading symbol "ENT".


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

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