Ember Resources Inc.
TSX : EBR

Ember Resources Inc.

October 18, 2006 12:56 ET

Ember Resources Inc. Shareholders Approve Shareholder Rights Plan

CALGARY, ALBERTA--(CCNMatthews - Oct. 18, 2006) -

Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law.

Ember Resources Inc. (TSX:EBR) is pleased to announce that at its special meeting of shareholders held today, the shareholders voted to ratify and confirm the Shareholder Rights Plan (the "Plan") of Ember which was adopted pursuant to a Shareholder Rights Agreement dated August 9, 2006 (the "Agreement") between Ember and Olympia Trust Company, as rights agent. Unless earlier terminated, the Plan will remain in effect until termination of the annual meeting of shareholders of Ember in 2009 unless the term of the Agreement is extended beyond that date by resolution of shareholders. The Plan was not adopted in response to, or in anticipation of, any specific proposal to acquire control of Ember.

Ember Resources Inc. is a resource company specializing in coal bed methane (CBM) with extensive land and resource holdings in Alberta, Canada. Ember's shares are traded on the Toronto Stock Exchange under the trading symbol "EBR"

Contact Information

  • Ember Resources Inc.
    Mr. Douglas A. Dafoe
    Chairman & CEO
    (403) 270-0803
    (403) 270-2850 (FAX)
    or
    Ember Resources Inc.
    Mr. Terry S. Meek
    President & COO
    (403) 270-0803
    (403) 270-2850 (FAX)