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EmberClear Grants Options

^{Published on 2011-02-09 12:35:47 - Market Wire}
 

CALGARY, Feb. 9 /CNW/ - EmberClear Corp. (TSXV: EMB) ("EMB") announced that it has granted an aggregate of 2.486 million options to purchase common shares of EMB at a price of $2.09 per share (being the closing trading price of EMB's shares on the TSXV on February 8, 2011), 1.905 of which were granted to Directors and Officers of the Company.  The options have a term of five years.

EmberClear's Business

EmberClear Corp. ("EmberClear") is a clean energy technology company developing energy projects around the world.  EmberClear will provide engineering and project development services for economic and efficient clean fossil energy solutions and scientific consulting services for international projects. EmberClear projects will utilize advanced carbon based gasification technology acquired through exclusive and non-exclusive licenses. EmberClear also holds title to real estate and coal deposits.  EmberClear intends to utilize additional technology licenses as needed to fully develop commercial scale energy projects. For more information please visit [ www.emberclear.com ].

Forward-Looking Statement Disclaimer

Certain statements contained in this document constitute forward-looking statements or information (collectively "forward-looking statements") within the meaning of the "safe harbour" provisions of applicable securities legislation. Forward-looking statements are typically identified by words such as "expect", "intend", "may", "will", "believe", "potential" and similar words suggesting future events or future performance. In particular, this document contains forward-looking statements pertaining to, without limitation, our business strategies and plans.  With respect to forward-looking statements contained in this document, we have made various assumptions.  Although we believe that the expectations reflected in the forward-looking statements contained in this document, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur.

Neither the 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 of this release.

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