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For Immediate Release
Earth Energy Resources Annual Meeting of Shareholders Set for June 8, 2010 in Calgary |
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April 29, 2010
Earth Energy Resources Inc. will be holding an annual general meeting of shareholders on Tuesday June 8, 2010 at 9:30 a.m. in the Barclay Room at the Bow Valley Conference Centre, 3rd Floor, 205 - 5th Avenue S.W., Calgary, Alberta. The record date for determining the shareholders who will be entitled to receive notice of and attend the shareholders meeting is May 10, 2010. The information circular and related information will be mailed to shareholders of record on or about May 12, 2010. An update on the company’s operations will follow the formal meeting proceedings. About Earth Energy Resources Inc. Earth Energy Resources Inc. is a privately held, Canadian company working to commercialize the Ophus Process – a biodegradable and environmentally friendly chemical method of extracting hydrocarbons from sand and similar media. The enabling technology is ideally suited to bitumen extraction opportunities in the continental United States and northern Alberta, Canada and, due to the characteristics of the process, is targeted for successful deployment on a smaller scale than oil sands projects commissioned to date. Other advantages of the Ophus Process include lower capital intensity per flowing barrel than traditional oil sand projects and the production of dry tailings that can be immediately returned to our mines, minimizing the mine footprint and the long-term environmental impact of our extraction activities. Earth Energy Resources has approximately 7,800 acres of land under lease in the PR Spring area of eastern Utah. A second development focus for the Ophus Process is in the area of remediation, particularly projects involving hydrocarbon contaminated solids, such as produced sand and cuttings from drilled wells. This news release includes forward-looking statements that reflect Earth Energy Resources Inc.’s expectation of its future financial and operating performance. These statements are based on information currently available to Earth Energy Resources Inc. and current expectations that involve a number of risks and uncertainties which could cause actual results to differ from those anticipated. These risks include, but are not limited to: risks associated with current and expected oil and gas prices; exploration and development costs and delays; pipeline and transportation capacity; health, safety and environmental risk; competition; and uncertainties resulting from potential delays or changes in plans with respect to development projects or capital expenditures. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release. The Company does not assume any obligation to update these forward-looking statements, except as required by law. For more information on the company, please visit our website: www.earthenergyresources.com For further information, please contact: D. Glen Snarr, C.A. President and Chief Financial Officer Phone: (403) 233-9366 glen.snarr@earthenergyresources.com |
