BLM Bluemetric Environmental Inc

BluMetric Announces Significant Water Remediation Contract in Collaboration with Key Indigenous Partner

Ottawa, Ontario--(Newsfile Corp. - June 29, 2020) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm today announced that it has been awarded a $1.6 million contract over five months for the operation and maintenance of an Effluent Treatment Plant (ETP) at Giant Mine in Yellowknife, Northwest Territories, in collaboration with Det'on Cho Management LP (Det'on Cho), the economic development arm of the Yellowknives Dene First Nation. The ETP is a crucial component of the Giant Mine Remediation Project (GMRP), a Government funded initiative.

BluMetric will provide extensive technical expertise and skill in water remediation to operate the Giant Mine ETP in partnership with Det'on Cho. The contract was awarded by Parsons, the GMRP's Main Construction Manager, after the successful conclusion of a joint submission through a competitive process.

"Our team leveraged our extensive experience, including that gained from having recently completed similar engineering projects at comparable mining-related facilities, to develop a winning proposal that accommodates not only the usual operating complexities associated with Canada's remote north, but also addresses the unprecedented challenges stemming from the Covid-19 pandemic," said Scott MacFabe, CEO of BluMetric.

The contract highlights BluMetric's versatility and adaptability, particularly valuable assets when dealing with operating conditions in the Northwest Territories under stringent and controlled conditions required by the ETP and the current pandemic, including additional isolation measures taken for incoming workers, as per the Chief Public Health Officer's guidance, to ensure the safety of other workers on site and local community members.

Operation of the ETP involves the treatment of water that is pumped from the mine and all surface water that is directed to and collected in the tailings ponds-with crews treating water continuously throughout the day and night. The treatment involves the addition of chemicals to remove contaminants from the tailings water through a settling process prior to environmental release. Water discharged to the environment must meet stringent criteria established by the regulatory authorities for the protection of human health and the environment.

BluMetric's strengths in water management, engineering and treatment system design, construction and operation for clients in a range of sectors, including Mining and Government led environmental remediation and rehabilitation, has established the organization as a leader in this area. The Company has completed similar projects internationally and is very familiar operating in remote and northern settings of the Canadian Arctic, a niche market in which it is establishing leadership positioning.

About BluMetric Environmental Inc.

BluMetric Environmental Inc. is an established publicly traded environmental consulting and engineering company with expertise across professional and trade disciplines and technologies that allow for the design, fabrication and delivery of sustainable solutions to environmental and water challenges. BluMetric has over 150 employees operating in ten offices and over 40 years of expertise. Headquartered in Ottawa, Ontario, BluMetric's team of industry experts serves Commercial, Industrial, Military, Mining and Government clients in Canada and the United States.

For more information, visit , or please contact:

Scott MacFabe, CEO
BluMetric Environmental Inc.
Tel: 613.839.3053
Email:

Vivian Karaiskos, CFO
BluMetric Environmental Inc.
Tel: 613.839.3053
Email:

Forward-Looking Statements

Some of the statements in this press release, including those relating to the Company's future products, opportunities and 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 presentation or to reflect the occurrence of unanticipated events, except as required by law.

Neither the 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.

To view the source version of this press release, please visit

EN
30/06/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Bluemetric Environmental Inc

BluMetric Environmental Inc: 3 directors

Three Directors at BluMetric Environmental Inc bought/maiden bought 60,545 shares at 0.870CAD. The significance rating of the trade was 63/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors ov...

 PRESS RELEASE

BluMetric Announces Strong Financial Results for Q3 2021

Ottawa, Ontario--(Newsfile Corp. - August 26, 2021) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, is pleased to announce its financial results for the third quarter ended June 30, 2021. The Company's financial and operational performance resulted in revenue and operating profit numbers exceeding those generated in the third quarter of 2020 and a strong cash position moving into the last quarter of 2021."Our team at BluMetric continues to deliver excellent results, putting the Company in a solid position to focus on future gr...

 PRESS RELEASE

BluMetric Awarded Ongoing Water Remediation Contract in Collaboration ...

Ottawa, Ontario--(Newsfile Corp. - June 3, 2021) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, today announced that it has been awarded a contract, through a competitive bid process, for the operation and maintenance of an Effluent Treatment Plant at Giant Mine in Yellowknife, Northwest Territories. The contract is worth an aggregate of $3.5 million and will be delivered over a two year term in partnership with , the economic development arm of the Yellowknives Dene First Nation. The Effluent Treatment Plant is an important ...

 PRESS RELEASE

BluMetric Announces Strong Q2 2021 Financial Results

Ottawa, Ontario--(Newsfile Corp. - May 27, 2021) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, is pleased to announce its financial results for the second quarter ended March 31, 2021. Both revenue and gross profit were significantly higher than in the second quarter of 2020."We're continuing the strong financial performance momentum we built over the preceding quarters, and I'm very proud of our entire team for these excellent results," says Scott MacFabe, CEO of BluMetric. "We've risen to the challenges posed by the pandem...

 PRESS RELEASE

BluMetric Announces the Election of its Board of Directors

Ottawa, Ontario--(Newsfile Corp. - March 24, 2021) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering (cleantech) firm, announces the election of its board of directors at its fiscal 2020 annual general meeting held on March 24, 2021. The following five individuals were re-elected to BluMetric's Board: Geoff Simonett, Jeffrey W. Talley, Ian Murray Macdonald, Ian Mor Macdonald, and Scott MacFabe.Pursuant to the Company's Board compensation policy, BluMetric has granted options of 20,000 common shares to Mr. Geoff Simonett, who is entering his ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch