Company News
Organic Resource Announces Approval of Share Consolidation
download pdfOrganic Resource Management Inc.
3700 Steeles Avenue West, Suite 601
Woodbridge, Ontario L4L 8K8
TEL: (905) 264-7700 FAX: (905) 264-7273
E-mail: info@ormi.com
Website: www.ormi.com
November 29, 2007 TSX Symbol: ORI
NEWS RELEASE
Organic Resource Announces Approval of Share Consolidation
Woodbridge, Ontario - November 29, 2007. Organic Resource Management Inc. ("ORMI") today announced that the TSX has given final approval to the share consolidation approved by shareholders at the annual meeting on October 24, 2007.
The common shares of ORMI will be consolidated on a one-for-twenty basis and posted for trading at the opening on Friday, November 30, 2007, under the new CUSIP number 68618L203. No fractional common shares will be issued.
Letters of Transmittal were mailed to registered holders of common shares on or about November 26, 2007 requesting them to forward their completed Letters of Transmittal together with their common share certificates to Equity Transfer & Trust Company at its principal office in Toronto in exchange for share certificates representing the number of consolidated common shares of the Company to which they are entitled.
This press release is available on the Company's official on-line investor relations site for investor commentary, feedback and questions. Investors are asked to visit the investor relations section of the Company's website at http://www.ormi.com/ORMI_Investor.asp. Alternatively, investors are asked to e-mail all questions and correspondence to info@ormi.com where they can also request addition to the Organic Resource investor e-mail list to receive all future press releases and updates directly.
About Organic Resource Management Inc.
Organic Resource is Canada's largest provider of vacuum truck services for the collection, treatment and disposal of organic and other non-hazardous liquid waste. ORMI services in excess of 8,000 commercial, industrial, institutional and residential customers in Ontario, Quebec, and British Columbia. Further information about ORMI may be obtained at the Company's web site at www.ormi.com .
CONTACT INFORMATION
Corporate Inquiries
Charles H. Buehler,
Chairman & Chief Executive Officer
info@ormi.com
download pdfback