Bennett Environmental Inc. (BEV)

Bennett Environmental Inc. Announces Non-Binding Letter of Understanding


Source: Bennett Environmental Inc. (BEV)

OAKVILLE, ONTARIO - As previously announced, Bennett Environmental Inc. (TSX: BEV) (the 'Company' or 'BEI') continues to be committed to completing a significant acquisition or program to support its diversification objectives. In connection with its diversification efforts, the Company announces today that it has entered into a non-binding letter of understanding with a potential acquisition target. Once due diligence has been completed and both parties have concluded that they wish to proceed with the potential transaction, it is expected that this non-binding letter of understanding will form the basis for a definitive agreement. The Company will release details of the transaction in the event that the parties conclude a definitive agreement.

About Bennett Environmental Inc.

Bennett Environmental Inc. is a North American leader in high temperature treatment services for the treatment of contaminated soil and has provided thermal solutions to contamination problems throughout Canada and the U.S. Bennett Environmental's technology provides for the safe, economical and permanent solution to contaminated soil. Independent testing has consistently proven that the technology operates well within the most stringent criteria in North America.

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