Consolidated Envirowaste Industries Inc.

Consolidated Envirowaste Industries Inc.

February 23, 2010 15:45 ET

Consolidated Envirowaste to Complete Going-Private Transaction Effective February 26, 2010

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 23, 2010) - Consolidated Envirowaste Industries Inc. (TSX VENTURE:CWD) (the "Company") is pleased to announce that its going-private arrangement transaction, under which a company owned by James Darby, Douglas Halward and their spouses will acquire all of the outstanding shares of the Company not already owned or controlled by them for $0.14 per share in cash, will become effective on February 26, 2010.

Former holders of shares of the Company should surrender their share certificates to the depositary, together with a properly completed letter of transmittal, to receive the cash payment.

Letters of transmittal were mailed out with the materials for the January 29, 2010 meeting of shareholders at which the arrangement transaction was approved. Further copies are available under the Company's profile at

Trading in the Company's shares has been halted. The shares will be de-listed from the TSX Venture Exchange following the effective date of the arrangement.

On behalf of the board of Directors


Douglas R. Halward, Director

Neither 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.

Contact Information

  • Consolidated Envirowaste Industries Inc.
    Douglas R. Halward