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Edmonton, Alberta – (Marketwire – July 5, 2011 – EIS Capital Corp. (TSX VENTURE: EIA – News "EIS Capital" is pleased to announce that it has completed the acquisition of businesses and assets of Diamond B Transport Ltd. ("Diamond B ". Diamond B is based in Lloydminster, Alberta and specializes in the transportation of large equipment and overweight in oil and gas, mining, construction and manufacturing industries. Diamond B offers its services in the provinces of Alberta and Saskatchewan.
The purchase price of $ 3,687,500 was paid through a combination of: (i the issuance of 1,250,000 common shares of the capital EIS considered issued at a price of $ 1.35 per share and (ii $ 2,000,000 in cash.
About EIS capital
EIS Capital, through its wholly owned subsidiary, sewn Transport Services Ltd., specializes in transportation and cargo handling overweight and oversized for oil and gas, construction, petrochemical, mining and power generation. The shares of equity trading on the TSX Venture EIS Exchange under the symbol "EIA".
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 or accuracy of this release.
CEO Rod MarlinEIS Corp.Chairman capital (780 960-5647John M. Corp.President capital StevensEIS COO (780 960-5625
Jason VandenbergEIS Capital Corp.
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