CWC Well Services Corp.

CWC Well Services Corp.

June 10, 2013 08:00 ET

CWC Well Services Corp. Announces Graduation to Tier 1 Status on the TSX Venture Exchange

CALGARY, ALBERTA--(Marketwired - June 10, 2013) - CWC Well Services Corp. (TSX VENTURE:CWC) ("CWC" or the "Company") is pleased to announce that the TSX Venture Exchange has approved the Company's application to be recognized as a Tier 1 issuer on the TSX Venture Exchange. CWC will commence trading as a Tier 1 issuer on Monday, June 10, 2013. Tier 1 is reserved for the most advanced issuers with the most significant financial resources on the TSX Venture Exchange.

"We are pleased to have graduated to Tier 1 status on the TSX Venture Exchange," said Duncan Au, President and Chief Executive Officer. "This Tier 1 recognition by the TSX Venture Exchange along with PROFIT Magazine having recently listed CWC on its 25th annual PROFIT 500 list as one of Canada's Fastest-Growing Companies, recognizes the operational and financial strength of CWC as a high growth, dividend paying oilfield services company." The PROFIT 500 ranks Canadian businesses by their revenue growth over five years. CWC made the PROFIT 500 list with a five-year revenue growth of 137%.

About CWC Well Services Corp.

CWC Well Services Corp. is a premier well servicing company operating in the Western Canadian Sedimentary Basin with a complementary suite of oilfield services including service rigs, coil tubing, snubbing and well testing. The Company's corporate office is located in Calgary, Alberta, with operational locations in Red Deer, Provost, Lloydminster, Brooks, Slave Lake and Grande Prairie, Alberta and Weyburn, Saskatchewan.

No regulatory authority has approved or disapproved the information contained in this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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