CES Energy Solutions Corp. ("CES" or the "Corporation") (TSX:CEU)(OTCQX:CESDF) (OTC - Nasdaq Intl: CESDF) is pleased to announce that it has changed its corporate name from "Canadian Energy Services & Technology Corp." to "CES Energy Solutions Corp." effective today. CES has significantly transformed its business since its initial public offering in March 2006, and has broadened its operational footprint across North America. The new company name avoids geographic reference, while incorporation of the CES acronym helps to maintain brand recognition.
At the annual general and special meeting of shareholders held on June 15, 2017 (the "Meeting"), shareholders representing approximately 100.0% of votes cast approved the name change.
Subject to the final submission and processing of documents with the Toronto Stock Exchange ("TSX"), it is expected that the common shares of the Corporation will commence trading on the TSX and be quoted on the OTC under the Corporation's new name at the opening of business on or about June 20, 2017. The Corporation's common shares will continue to trade on the TSX and be quoted on the OTC under the trading symbols CEU and CESDF, respectively.
About CES Energy Solutions Corp.
CES is a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. CES's business model is relatively asset light and requires limited re-investment capital to grow. As a result, CES has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating free cash flow. Additional information about CES is available at www.sedar.com or on the Corporation's new website at www.cesenergysolutions.com.
SOURCE: CES Energy Solutions Corp
The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.