Ottawa – November 5, 2015 – BluMetric Environmental Inc. (TSX-V: BLM), a leading Canadian cleantech company, announces that it has granted 340,000 stock options to directors and officers of the Company in conjunction with board appointments and contractual arrangements. The options vest over three years, and are exercisable into common shares of BluMetric at a price of $0.28 per share for a period of five years.
BluMetric currently has 27,920,128 common shares issued and outstanding.
For additional information on capital structure, please refer to the Company’s filings at www.sedar.com.
BluMetric Environmental Inc. is a diverse water, earth, and energy company providing solution-oriented consultation, design, products, and construction services to clients with complex environmental issues in more than 60 countries. With our award-winning team of industry experts and technology, BluMetric provides the most effective and sustainable solutions to environmental challenges. BluMetric is a publicly traded Canadian company (TSX-V: BLM), headquartered in Ottawa, Ontario. For more information, visit www.BluMetric.ca.
For further information, please contact:
Ray Skaff, Director of Corporate Communications
BluMetric Environmental Inc.
Robin M. Sundstrom
IRonside Investor Relations
Some of the statements in this press release, including those relating to the Company’s financial position, 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 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.