ST. ALBERT, ALBERTA--(Marketwired - Sept. 24, 2013) - Mr. Leonard D. Jaroszuk, President and Chief Executive Officer reports.
ENTERPRISE GROUP, INC. (TSX:E) TO SUBMIT DOCUMENTS FOR REGISTRATION OF SHARES IN THE U.S.
Enterprise Group, Inc. has retained A.B. Korelin & Associates Inc. of Blaine, Wash., to assist the company in its preparation and submission of the company's Form 20-F registration statement with the Securities and Exchange Commission.
Filing of the Form 20-F is a necessary first step in Enterprise's strategy to expose United States stockbrokers and investors to the company. Enterprise plans to accomplish this through a wide-ranging series of continuing investor forums in the United States at which time the special features of the Company will be outlined.
Once the Form 20-F becomes effective with SEC, Enterprise becomes a fully reporting issuer in the United States. It will also allow the company to consider the advantages of listing on one of the U.S. exchanges.
Enterprise's chief executive officer Leonard D. Jaroszuk said: "Filing of the Form 20-F will require the company to file registration statements, periodic reports and other forms through EDGAR. When registered, Enterprise will provide analysts, brokers and institutions in the U.S. the confidence that the company is registered with the SEC and will assist them in discussing the company with American residents. Registration will also allow anyone access to SEC-registered information on the company by way of the Internet."
About Enterprise Group, Inc.
Enterprise Group, Inc. ("Enterprise" or "Company") (TSX:E) is a consolidator of construction services companies operating in the energy, utility and transportation infrastructure industries. The Company's focus is primarily construction services and specialized equipment rental. The Company's strategy is to acquire complementary service companies in Western Canada, consolidating capital, management and human resources to support continued growth. Enterprise became a Western Canadian leader in flameless heat technology in September 2012 with its acquisition of Artic Therm International Ltd. and has now become a technological leader in underground infrastructure construction by the closing of Calgary Tunnelling & Horizontal Augering Ltd. June 14, 2013.
Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or the Company's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. The Company's Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR website www.sedar.com) describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.