ERA Carbon Offsets Ltd. Announces Name Change and New Trading Symbol
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/01/13 -- ERA Carbon
Offsets Ltd. ("ERA" or the "Company") (TSX VENTURE:ESR) is pleased to
announce that it has received TSX Venture approval for the company to
change its name to "Offsetters Climate Solutions Inc.", which was
recently approved by resolution by the Directors of the Company. The
name change will come into effect on Monday March 4, 2013, and the
company will commence trading on the TSX Venture Exchange at the
opening of market on March 4, 2013 under the new symbol "COO". The
CUSIP number assigned to the Company's shares following the name
change is CA 6762431089 (ISIN:676243108).
The corporate renaming follows the December 14, 2012 closing of the
acquisition of Offsetters Clean Technology and Carbon Credit Corp by
ERA Carbon Offsets Ltd. The change of name to Offsetters Climate
Solutions reflects the strategic focus of the newly merged entity,
which is a leading international carbon project developer, a full
service advisory on corporate sustainability, and a complimentary
software solution developer for carbon and sustainability
applications. The company is also pleased to announce its move into
new corporate head offices located at Suite 1000 - 675 West Hastings
Street in Vancouver in British Columbia, Canada. The company's
website is at www.offsetters.ca.
CEO Dr. James Tansey, states, "We are pleased to re-introduce our
company to the market, under the Offsetters Climate Solutions banner,
which captures the depth of talent and capacity that has come
together through the merger of ERA, Offsetters and Carbon Credit
Corp. Both present and future clients will benefit greatly from our
ability to provide end to end solutions within these markets, which
we expect will drive our continued growth and leadership in the
carbon and sustainability space. Our new trading symbol, which is the
symbol for carbon dioxide makes this focus abundantly clear."
James Tansey, Ph.D., President and CEO
ERA Carbon Offsets Ltd.
About ERA Carbon Offsets Ltd.
As Canada's largest and most diversified carbon management solutions
company, ERA Carbon Offsets Ltd. helps organizations understand,
reduce and offset their climate impact. Its
team of industry leaders
specializes in the origination, development and commercialization of
high-quality carbon offset projects and is proud to also provide
clients with a comprehensive offering of sustainability consultancy
services. A merger of ERA Carbon Offsets and Offsetters, ERA Carbon
Offsets Ltd. is based in Vancouver, Canada and has worked with over
150 of the world's most prestigious organizations including Aimia,
Vancity, lululemon athletica, Catalyst Paper, Harbour Air, HSE -
Entega, and Shell Canada Limited. ERA is publicly listed company on
the Toronto Venture Exchange (TSX VENTURE:ESR) and in Frankfurt:9EA.
For more information, please visit us at www.offsetters.ca.
FORWARD LOOKING STATEMENTS: This document includes forward-looking
statements as well as historical information. Forward-looking
statements include, but are not limited to, the continued advancement
of the company's general business development, research development
and the company's development of forest-based carbon offsets. When
used in this document, the words "anticipate", "believe", "estimate",
"expect", "intent", "may", "project", "plan", "should" and similar
expressions may identify forward-looking statements. Although ERA
Carbon Offsets Ltd. believes that their expectations reflected in
these forward looking statements are reasonable, such statements
involve risks and uncertainties and no assurance can be given that
actual results will be consistent with these forward-looking
statements. Important factors that could cause actual results to
differ from these forward-looking statements include fluctuations in
the marketplace for the sale of carbon credits, the inability to
implement corporate strategies, the ability to obtain financing and
other risks disclosed in our filings made with Canadian Securities
Neither 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.
ERA Carbon Offsets Ltd.
Press spacebar to pause and continue. Press esc to stop.