EIS Capital Corp.

EIS Capital Corp.

July 28, 2011 09:00 ET

EIS Capital Corp. to Amalgamate with Wholly Owned Subsidiary and Change Name to Entrec Transportation Services Ltd.

EDMONTON, ALBERTA--(Marketwire - July 28, 2011) - EIS Capital Corp. (TSX VENTURE:EIE) ("EIS Capital") is pleased to announce that it intends to amalgamate with its wholly owned subsidiary, Entrec Transportation Services Ltd., pursuant to the provisions of the Business Corporations Act (Alberta) effective July 31, 2011. The new amalgamated corporation will use the name "Entrec Transportation Services Ltd.". This change will allow the company to fully align its public company name with that of its recognized operating brand.

The TSX Venture Exchange has provided acceptance of the name change. On July 29, 2011, the TSX Venture Exchange will issue a bulletin announcing that the name change will be effective for trading purposes at the open of markets on August 2, 2011 and that the new trading symbol for the common shares of the amalgamated corporation, being the former common shares of EIS Capital, will be "ENT".

About EIS Capital

EIS Capital, through its wholly-owned subsidiary, Entrec Transportation Services Ltd., specializes in the transportation and rigging of overweight and oversized cargo for the oil and gas, construction, petrochemical, mining and power generation industries. The common shares of EIS Capital trade on the TSX Venture Exchange under the trading symbol "EIE".

Forward-looking Statements

This press release contains forward-looking statements which reflect EIS' current beliefs and are based on information currently available to EIS. These statements require EIS to make assumptions it believes are reasonable and are subject to inherent risks and uncertainties, including the possibility that the amalgamation will not be completed on July 31, 2011 as anticipated or at all. Actual results and developments may differ materially from the results and developments discussed in the forward-looking statements. The statements in this press release are made as of the date of this release.

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.

Contact Information

  • EIS Capital Corp.
    Rod Marlin
    Chairman & CEO
    (780) 960-5647

    EIS Capital Corp.
    John M. Stevens
    President & COO
    (780) 960-5625

    EIS Capital Corp.
    Jason Vandenberg
    (780) 960-5630