ORMI Shareholders Vote in Favour of Acquisition by Walker Industries Holdings Limited


TORONTO, ONTARIO--(Marketwire - Dec. 7, 2012) - Organic Resource Management Inc. (TSX VENTURE:ORI) ("ORMI" or "the Company"), today announced that the previously announced arrangement involving the acquisition of all of the outstanding common shares of ORMI by Walker Industries Holdings Limited ("Walker") was approved by the shareholders of ORMI at the special meeting of ORMI's shareholders held earlier today. The Company's report on voting results will be available shortly on the SEDAR website at www.sedar.com.

The acquisition is expected to close on or about December 14, 2012 and is still subject to approval by the Ontario Superior Court of Justice and other customary closing conditions. Upon completion of the acquisition, ORMI shareholders will receive $3.25 per common share in cash, representing a premium of approximately 100% to the volume weighted average price of the common shares on the TSX Venture Exchange over the 30 trading day period ending on October 17, 2012, the last trading day prior to the announcement of the arrangement.

Documents pertaining to the acquisition are available on the SEDAR website at www.sedar.com.

About Organic Resource Management Inc.

Organic Resource Management is Canada's largest provider of vacuum truck services for the collection, processing and recycling of food-related organic residuals into feedstock for biogas renewable energy production. ORMI services in excess of 10,000 grease interceptors for industrial, commercial and institutional food-industry customers across Canada on a regularly-scheduled basis. These services are a critical component of current program initiatives in North American landfill waste diversion and wastewater treatment. Further information about ORMI may be obtained at the Company's web site at www.ormi.com.

Forward-Looking Statements

This media release includes certain forward-looking statements within the meaning of applicable securities laws relating to the proposal to acquire all of the outstanding shares of ORMI. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements and therefore subject to unknown risks or uncertainties. The completion of the acquisition is still subject to a number of terms and conditions, including, without limitation, the necessary court approvals and certain termination rights available to ORMI and Walker. This approval may not be obtained and/or ORMI or Walker may exercise their termination rights, in which case the terms of the acquisition could be modified, restructured or terminated, as applicable.

Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the parties will not proceed with the acquisition, that the ultimate terms of the acquisition will differ from those that are currently contemplated, and that the acquisition will not be successfully completed for any reason (including the failure to obtain required approvals). ORMI does not intend, and disclaims any obligation, except as required by law, to update or revise any forward looking statements whether as a result of new information, future events or otherwise.

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:

Organic Resource Management Inc.
Charles Buehler
Chairman and CEO
416-580-8574
cbuehler@ormi.com
www.ormi.com