American Ecology Registers Stock For Resale.BOISE, Idaho “Boise” redirects here. For other uses, see Boise (disambiguation). Boise is the capital and most populous city of the U.S. state of Idaho. It is the county seat of Ada County and the principal city of the Boise metropolitan area. -- American Ecology Corporation (Nasdaq:ECOL ECOL es.comp.os.linux.* (newsgroups) ECOL Emmanuel Church of Lakewood (San Francisco, CA) ) today announced it has filed a stock registration statement with the Securities and Exchange Commission on behalf of certain stockholders of the Company. The registration was declared effective by the Securities and Exchange Commission on July 20, 2005. The registration statement, filed on July 19, 2005 with the Securities and Exchange Commission on Form S-3, registers 6,117,827 shares of common stock, principally owned by two members of the Board of Directors of the Company and their affiliates, for resale to the public from time to time over a two year period. The Company will not receive any proceeds from the sale of these shares. These shares of common stock, which may be offered in one or more offerings and in any combination, will in each case be offered pursuant to a separate prospectus, supplemented as needed as needed prn. See prn order. from time to time. A copy of the prospectus may be obtained by contacting Jim Baumgardner at American Ecology Corporation, 300 Mallard mallard: see duck. mallard Abundant “wild duck” (Anas platyrhynchos, family Anatidae) of the Northern Hemisphere, ancestor of most domestic ducks. The mallard is a typical dabbling duck in its general habits and courtship display. Drive, Suite 300, Boise, Idaho, 83706. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such an offer, solicitation, or sale would be unlawful under the securities laws of any such state. American Ecology Corporation, through its subsidiaries, provides radioactive, PCB PCB: see polychlorinated biphenyl. PCB in full polychlorinated biphenyl Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound. , hazardous, and non-hazardous waste services to commercial and government customers throughout the United States, such as nuclear power plants, steel mills, medical and academic institutions and petro-chemical facilities. Headquartered in Boise, Idaho, the Company has disposal facilities in Idaho, Nevada, Washington and Texas, and is the nation's oldest radioactive and hazardous waste Hazardous waste Any solid, liquid, or gaseous waste materials that, if improperly managed or disposed of, may pose substantial hazards to human health and the environment. Every industrial country in the world has had problems with managing hazardous wastes. services company. Prospective buyers of the Company's stock should carefully consider all risk factors and other information in the registration statement and related prospectus before deciding to invest in shares of the Company's common stock. The risks and uncertainties described in the Company's filings with the Securities and Exchange Commission are not the only ones faced by the Company. Additional risks and uncertainties not known to the Company or that management may now think are immaterial could also impair our business operations. If any of the risks noted in the registration statement and prospectus actually occur, the business, financial condition and results of operations of the Company could be materially and adversely affected. Under such conditions, the trading price Trading price The price at which a security is currently selling. of the Company's common stock could materially decline. For information on Risk Factors that could affect the Company's business or the price of its common stock please refer to American Ecology Corporation's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. , Form S-3 and Prospectus filed with the Securities and Exchange Commission. |
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