Werklund Capital Corporation: News Release

CALGARY, ALBERTA--(Marketwire - Sept. 11, 2012) - Werklund Capital Corporation ("Werklund") issues this press release pursuant to Part 3 - Early Warning Requirements of National Instrument 62-103 with respect to Aveda Transportation and Energy Services Inc. ("Aveda"). Aveda trades on the TSX under the symbol "AVE".

On September 7, 2012, Werklund acquired through a private share sale, 1,051,191 common shares in the capital of Aveda ("Common Shares") at a price of $2.40 per Common Share.

The Common Shares acquired by Werklund represent approximately 10.55% of the current issued and outstanding Common Shares of Aveda. Immediately prior to this acquisition, Werklund held an aggregate of 3,665,164 Common Shares (36.79% of the outstanding Common Shares), warrants to purchase an additional 166,667 Common Shares upon exercise of warrants (the "Warrants") in the capital of Aveda and a convertible debenture from Aveda in the aggregate principal amount of $4,720,000, convertible into Common Shares at a conversion price of $2.55 per Common Share (the "Debenture").

Immediately following this acquisition, Werklund will hold an aggregate of 4,716,355 Common Shares (47.34% of the outstanding Common Shares), Warrants to purchase an additional 166,667 Common Shares and the Debenture. If Werklund was to exercise all of the Warrants and fully convert the Debenture, it would hold a total of 6,734,002 Common Shares, or approximately 56.16% of the outstanding Common Shares calculated on a partially diluted basis.

These securities were acquired under the accredited investor exemption under National Instrument 45-106 Prospectus and Registration Exemptions for investment purposes only. Depending on economic or market conditions or matters relating to Aveda, Werklund may choose to either acquire additional securities or dispose of securities of Aveda.

A copy of Werklund's related early warning report filed with the applicable securities commissions and further information may be obtained by contacting Art Fopma.