ENT Entrec Corporation

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES


ENTREC Corporation (TSX VENTURE:ENT) (the "Company" or "ENTREC") has today
entered into an agreement with a syndicate of underwriters co-led by Cormark
Securities Inc. and Clarus Securities Inc. (collectively, the "Underwriters")
pursuant to which the Underwriters have agreed to buy and sell to the public
17,143,000 common shares ("Common Shares") of the Company at a price of $1.75
per Common Share, for gross proceeds to the Company of approximately $30,000,250
(the "Offering"). The Underwriters will also have the option, exercisable in
whole or in part at any time up to 30 days after the closing of the Offering, to
purchase up to an additional 2,571,450 Common Shares of the Company. In the
event that the option is exercised in its entirety, the aggregate gross proceeds
of the Offering will be $34,500,288. Closing of the Offering is expected to
occur on or about February 6, 2013 and is subject to regulatory approval
including that of the TSX Venture Exchange.


The Common Shares to be issued under the Offering will be offered by way of a
short form prospectus in all provinces in Canada, except Quebec and in the
United States on a private placement basis pursuant to an exemption from the
registration requirements of the United States Securities Act of 1933, as
amended, and certain other jurisdictions.


The net proceeds of the Offering will be used to fund the Company's continued
growth strategy and for general corporate purposes.


This news release does not constitute an offer of securities for sale in the
United States. The securities being offered have not been, nor will they be,
registered under the Unites States Securities Act of 1933, as amended, and such
securities may not be offered or sold within the United States absent U.S.
registration or an applicable exemption from U.S. registration requirements.


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".


Caution Regarding Forward-Looking Information

This press release may contain forward-looking statements with respect to the
Company, its operations, strategy, financial performance and condition. These
statements generally can be identified by use of forward looking words such as
"may", "will", "expect", "estimate", "anticipate", intends", "believe" or
"continue" or the negative thereof or similar variations. The actual results and
performance of the Company discussed herein could differ materially from those
expressed or implied by such statements. Such statements are qualified in their
entirety by the inherent risks and uncertainties surrounding future
expectations. Important factors that could cause actual results to differ
materially from expectations include, among other things, general economic and
market factors, competition, changes in government regulations and the factors
described under "Risk Factors" in the Management's Discussion and Analysis of
the Company which are available at www.sedar.com. The cautionary statements
qualify all forward-looking statements attributable to the Company and persons
acting on their behalf. Unless otherwise stated, all forward-looking statements
speak only as of the date of this press release and the Company has no
obligation to update such statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
ENTREC Corporation
Jason Vandenberg
Chief Financial Officer
(780) 960-5630

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