BENEV Capital Inc.

Bennett Environmental Inc. Announces Stock Accumulation

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Source: BENEV Capital Inc.

OAKVILLE, ONTARIO -- (Marketwire) -- 04/19/11 -- Bennett Environmental Inc. (TSX: BEV) (the 'Company' or 'BEI') announced today that is has been informed by I. A. Michael Investment Counsel Ltd. that (i) funds (collectively, the 'Funds') advised by them have acquired 10% or more of the Company's outstanding shares, and (ii) the Funds will file the appropriate report(s) in accordance with the alternative monthly reporting system in due course. I. A. Michael Investment Counsel Ltd. did not provide any details regarding the purpose of the accumulation by the Funds and the Company is not in a position to either speculate as to the purpose or to provide any updates regarding the Fund's shareholding or the holdings of any other shareholder.

Forward Looking Statements

Certain statements contained in this press release and in certain documents incorporated by reference into this press release constitute forward-looking statements. The use of any of the words 'anticipate', 'continue', 'estimate', 'expect', 'may', 'will', 'project', 'should', 'believe', 'confident', 'plan' and 'intends' and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. BEI believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release. BEI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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. For information, please visit the Bennett Environmental website at: www.bennettenv.com.

 

Contacts:
Bennett Environmental Inc.
Jack Shaw
(905) 339-1540
www.bennettenv.com

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