ENT Entrec Corporation

ENTREC Corporation ("ENTREC") (TSX VENTURE:ENT) is pleased to announce it has
increased its senior credit facilities with a syndicate of lenders led by
Canadian Western Bank. The syndicate of lenders now also includes Bank of Nova
Scotia, the Canadian Imperial Bank of Commerce, the Toronto-Dominion Bank and
the Bank of Montreal. 


The credit facilities consist of a $20 million operating facility (via account
overdraft) and a $120 million revolving term facility (increased from $75
million previously). The operating facility requires payments of interest only,
while individual draws under the revolving term facility are repayable over a
five year amortization period. The credit facilities mature on June 1, 2015.


Amounts borrowed under the credit facilities bear interest at the bank's prime
rate plus a credit spread based on a sliding scale. ENTREC's current rate of
interest on the credit facilities is 4.25%. The credit facilities are subject to
compliance with financial covenants and are collateralized by substantially all
of ENTREC's assets. There is currently $64.3 million drawn under ENTREC's
revolving term facility. The $20 million operating facility is undrawn.


ENTREC will use the increased credit facilities to fund its capital expenditure
program and for business acquisitions.


"We are pleased to build on our existing strong relationships with our banking
partners and welcome our new partners Toronto-Dominion Bank and Bank of
Montreal," comments Jason Vandenberg, ENTREC's Chief Financial Officer. "As we
move forward into 2013, we expect to make significant investments in growing our
base of cranes and heavy haul transportation equipment to serve the growing
demand for our services."


About ENTREC

ENTREC specializes in the lifting, transportation (over the road and on-site),
loading, off-loading and setting of overweight and oversized cargo for the oil
and gas, construction, petrochemical, mining and power generation industries.
The common shares of ENTREC trade on the TSX Venture Exchange under the trading
symbol "ENT". 


Forward-looking statements

This press release contains forward-looking statements which reflect ENTREC's
current beliefs and are based on information currently available to ENTREC.
These statements require ENTREC to make assumptions it believes are reasonable
and are subject to inherent risks and uncertainties. Actual results and
developments may differ materially from the results and developments discussed
in the forward-looking statements as certain of these risks and uncertainties
are beyond ENTREC's control.

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