CALGARY, Jan. 26, 2012 /CNW/ - EmberClear (TSXV: EMB) is pleased to
announce the appointment of Mr. Keith Calder to the Board of Directors.
Mr. Calder is a proven leader in the mining industry having served as
the Chief Executive Officer of Walter Energy (NYSE: WLT), a leading
U.S. producer and exporter of premium hard coking coal for the global
steel industry. Prior to Walter Energy, Mr. Calder was the President
and Chief Executive Officer of Western Coal Corp. (TSX: WTN) (TSX:
WTN.WT) (AIM: WTN) from December 1, 2009 until the acquisition by
Walter Energy in 2011. Prior to joining Western Coal, Mr. Calder served
as Managing Director of Rio Tinto's Copper Projects where he had
overall responsibility for the execution of a global portfolio of
open-pit and underground base metals and diamond projects. Mr. Calder
joined Rio Tinto from the Minera Group, as the operations director for
its mines in Bolivia and Argentina.
"I see EmberClear in the unique position of advancing low emissions
global energy solutions utilizing coal and other hydrocarbons. The
worldwide energy opportunities are more open to innovation than ever
before and I look forward to contributing to such advances," stated
Keith Calder.
"Our assets blend well with the proven track record of accomplishments
and global strategic experiences of Mr. Calder. Our stakeholders have a
tremendous resource of creativity and pragmatism in Keith. His full
integration into our decision making process begins immediately and
includes optimizing our coal assets while simultaneously prioritizing
our actions regarding our growing project development pipeline," said
Albert Lin, CEO of EmberClear.
About EmberClear
EmberClear is an advanced energy development company. Based on global
energy needs from a growing population, our solutions are designed to
deploy commercial scale energy technologies, which enable dramatic
improvements in the efficiency and cleanliness of fossil fuels and
alternative energy sources. Our goal is to find economically viable
business models with the potential to deliver reduced emissions of over
50% when compared to industry average results in the utilization of
coal while also deploying state of the art carbon dioxide capture
solutions.
Our expertise is being utilized by a diverse group of governments,
utilities and industrial companies spanning a wide range of geographies
with the common interest in creating gasification, supercritical (SC),
ultra-supercritical (USC), circulating fluidized bed (CFB) and
post-combustion carbon dioxide capture (PCC) energy solutions producing
electricity, synthetic gas, liquid fuels, fertilizers, and industrial
construction products. Our solutions often include the vast thermal
chemistry sciences and processes developed by Huaneng Clean Energy
Research Institute (HCERI). HCERI has the most experience and resources
devoted to this industry. Our partnership ensures advanced energy
solutions are financially sustainable so that the benefits accrue to
the global marketplace and not just a few special 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 applicable securities legislation.
Forward-looking statements are typically identified by words such as
"anticipate", "continue", "estimate", "expect", "forecast", "may",
"will", "project", "could", "plan", "intend", "should", "believe",
"outlook", "potential", "target", "seek", "budget", "predict", "might"
and similar words suggesting future events or future performance. All
statements other than statements of historical fact may be
forward-looking statements. In particular, this document contains
forward-looking statements pertaining to, without limitation, the
following: statements about advancing low emissions global energy
solutions; worldwide energy opportunities; optimizing our coal assets
and building a project development pipeline. With respect to
forward-looking statements contained in this document, we have made
assumptions regarding, among other things, the following: the economic
viability of an energy project and coal assets; the emissions generated
from an advanced coal project, and worldwide energy projects being
receptive to innovation. 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. By their nature,
forward-looking statements involve numerous assumptions, known and
unknown risks and uncertainties that contribute to the possibility that
the predictions, forecasts, projections and other forward-looking
statements will not occur, which may cause our actual performance and
financial results in future periods to differ materially from any
estimates or projections of future performance or results expressed or
implied by such forward-looking statements. These risks and
uncertainties include, among other things, the following: adoption of
advanced energy solutions; the achievement of low emissions while
utilizing coal and other hydrocarbons; that EmberClear will not have
the financial or other resources to develop, construct or operate such
plant or other project; the Company's need for additional funding to
continue its exploration efforts; changes in general economic, market
and business conditions; and the competition for, among other things,
capital and skilled personnel. Readers are cautioned that this list of
risk factors should not be construed as exhaustive. The
forward-looking statements contained in this document speak only as of
the date of this document. Except as expressly required by applicable
securities laws, we do not undertake any obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. The forward-looking statements
contained in this document are expressly qualified by this cautionary
statement.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
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© 2012 EmberClear Corp.
All rights reserved. All other trademarks are the property of their
respective owners.
<p> <b>Dav</b><b>id G. Anderson</b><br/> CFO <br/> +1 (403) 264-8817 </p>