Bennett Environmental Acquires ELI Eco Logic International

Date: November 24, 2003

Source: News Room

Bennett Environmental Inc. is in final negotiations to acquire ELI Eco Logic International Inc, a subsidiary of ELI Eco Logic Inc. (TSX: ELI). Bennett will acquire a license from ELI Eco Logic Inc. for the company's GPCR technology to treat gases and contaminated liquids, a complementary service to the treatment of contaminated soil and construction debris in Bennett's existing Saint Ambroise, Quebec and Cornwall, Ontario facilities. The acquisition will cost Bennett approximately CDN$1.725 million.
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