Ottawa – 27 September 2018 – BluMetric Environmental Inc. (TSX-V: BLM) is pleased to announce it has been awarded a contract with an existing Ontario mining client for the provision of environmental characterization and engineering services, valued at approximately $3.0 million over 2.5 years.
BluMetric will characterize groundwater and surface water conditions to address the management of water at two adjoining facilities for a Tier 1 mining client in northern Ontario. Based on environmental and economic factors, preferred alternatives will be recommended for the client to carry forward to design and construction. The new project highlights BluMetric’s adaptability as well as its commitment to scaling business not only through new client generation but also through its existing customer base with the provision of high quality, inventive solutions tailored to each individual client.
“Our team leveraged our extensive experience, including that gained from having recently completed similar engineering projects at nearby mining-related facilities, to develop a winning, cost effective proposal”, said Scott MacFabe, CEO of BluMetric. “This important client continues to show trust in BluMetric’s capabilities to address their water management issues, underscoring our ability to reliably and economically meet customers’ ongoing needs through an increasingly diverse array of products, services and competencies.”
The new contract reflects the increasing strength of BluMetric’s mining business and the Company’s efforts to drive innovation and business development in this segment. BluMetric continues to expand its mining sector capabilities, particularly with respect to engineered solutions and care and maintenance activities, which led to the recent opening of an office in Thunder Bay.
BluMetric Environmental Inc. is a publicly traded cleantech company with expertise across disciplines and technologies that allow for the design and delivery of sustainable solutions to environmental challenges. Headquartered in Ottawa, Ontario, BluMetric’s team of industry experts provides a better environment for business.
For more information, please visit www.BluMetric.ca, or contact:
Scott MacFabe, CEO
BluMetric Environmental Inc.
Tel: 613.839.3053 x242
Vivian Karaiskos, CFO
BluMetric Environmental Inc.
Tel: 613.839.3053 x240
Some of the statements in this press release, including those relating to the Company’s discussions of contractual agreements, 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.
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