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Mittwoch, 28.09.2016 12:30 von | Aufrufe: 18

BluMetric Awarded $1.5 Million Mining-Sector Contract

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Canada NewsWire

OTTAWA, Sept. 28, 2016 /CNW/ - BluMetric Environmental Inc. (TSX-V: BLM) is pleased to announce that it has been awarded a $1.5 million contract by a Northern Ontario client, to start immediately, and run until approximately July, 2017.

BluMetric is becoming more active in all stages of the analysis, planning, construction, and execution of solutions for clients.  In addition, BluMetric's deep experience has enabled it to develop a unique and innovative application of barrier-wall technology to intercept water.

In this project, the primary focus of the work will be water resources and civil engineering, as well as hydrogeology for a water management project.  More specifically, BluMetric will conduct field investigations, including drilling wells and boreholes, excavating profiles and test pits, sampling groundwater and surface water, and conducting a pilot test for an innovative barrier-wall application.  Subsequent design work will include a full-scale barrier wall, water storage ponds, pumping stations, pipelines and wells for interception, collection and storage of impacted water prior to treatment.

"Our business development strategy has been to focus on sensitive and challenging environments like the north; on sectors with strong defined needs, such as mining; and on areas of increasing demand, such as hydrogeology," said Roger Woeller, CEO of BluMetric.  "This has resulted in significant contract awards in our target sectors, and is powering solid ongoing growth from the services side with significant potential for our systems delivery side."

About BluMetric Environmental Inc.
BluMetric Environmental Inc. is a publicly traded cleantech company with a portfolio of industry-leading engineering services and proprietary equipment providing sustainable solutions to environmental challenges.  Headquartered in Ottawa, Ontario, BluMetric's award-winning team of industry experts serves clients in Canada, the United States, and Central America.

Forward-Looking Statements
Some of the statements in this press release, including those relating to the Company's discussions of financial results, future products, opportunities, cost initiatives, strategies, and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, are forward-looking statements within the meaning of securities laws.  Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company.  These statements are not historical facts but instead represent only the Company's expectations, estimates, and projections regarding future events.  The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this communication or to reflect the occurrence of unanticipated events, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


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SOURCE BluMetric Environmental Inc.

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