BluMetric Announces Appointment of Mohsen Mortada to Board of Directors and Strategic Hires
Ottawa, Ontario--(Newsfile Corp. - January 29, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, is pleased to welcome Mr. Mohsen Mortada as a member of its Board of Directors ("Board"), effective February 1, 2025, and subject to TSX Venture Exchange approval. "We are ecstatic to welcome Mohsen to the Board as a distinguished leader in water utility management, water...
2025-01-29 5:00 PM EST
BluMetric Announces Fiscal Year 2024 Results
Ottawa, Ontario--(Newsfile Corp. - January 28, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, announces its financial results for the fourth quarter and fiscal year ended September 30, 2024. Consolidated Financial Highlights Acquisition of Gemini Water LLC ("Gemini Water"), closed on September 24, 2024, has impacted BluMetric's balance sheet for the period ending September...
2025-01-28 8:13 PM EST
BluMetric Announces Closing of Oversubscribed Offering and Concurrent Private Placement
Ottawa, Ontario--(Newsfile Corp. - December 13, 2024) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or the "Company") is pleased to announce that it has closed its previously announced and oversubscribed brokered private placement, with Clarus Securities Inc. as sole agent ("Clarus" or the "Agent"), conducted under the Listed Issuer Financing Exemption (as defined herein) (the "Offering"), and has also closed its concurrent non-brokered private placement (the...
2024-12-13 9:15 AM EST
BluMetric Announces LIFE Offering & Concurrent Private Placement
Ottawa, Ontario--(Newsfile Corp. - November 26, 2024) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or the "Company") is pleased to announce it has entered into an agreement with Clarus Securities Inc. ("Clarus" or the "Agent") pursuant to which Clarus has agreed to act as lead agent and sole bookrunner in connection with a best-efforts private placement, under the Listed Issuer Financing Exemption (as defined herein), to issue up to 4,375,000 common shares of the...
2024-11-26 7:00 AM EST
BluMetric Announces Cleantech Water Contract with Tier 1 Cruise Line
Ottawa, Ontario--(Newsfile Corp. - November 18, 2024) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced it has signed a contract to supply a Sea Water Reverse Osmosis (SWRO) system at a remote Caribbean island in the Bahamas for a Tier 1 Cruise Line. The contract, valued at approximately CA$1.1 million (US$0.8 million), will provide 80,000 gallons per day (GPD) of potable...
2024-11-18 5:19 PM EST
BluMetric Announces Acquisition of U.S.-Based Gemini Water to Expand CleanTech Portfolio and Geographic Footprint
Ottawa, Ontario--(Newsfile Corp. - September 24, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced its acquisition of U.S.-based Gemini Water, LLC ("Gemini Water"), marking the Company's cleantech water portfolio expansion and entry into the Caribbean and U.S. water markets (the "Acquisition"). Under the terms of the membership interest purchase agreement executed September 23,...
2024-09-24 7:00 AM EDT
BluMetric Announces First Mission Ready Water Contract for Remote First Nations Community
Ottawa, Ontario--(Newsfile Corp. - August 29, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced today that it has signed an agreement to supply a permanent installation for a turnkey water pre-treatment and purification system to a remote First Nations community in British Columbia. The contract, valued at $830,000, is BluMetric's first fixed system in a remote community,...
2024-08-29 9:10 AM EDT
BluMetric Announces Q3 2024 Financial Results
Ottawa, Ontario--(Newsfile Corp. - August 28, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announces its financial results for the third fiscal quarter ended June 30, 2024. Financial Highlights Revenue for the quarter ended June 30, 2024, was $8.1 million compared to $6.9 million for the same period in 2023. Gross margin for the quarter ended June 30, 2024, was 44% compared to 35% (as...
2024-08-28 6:15 PM EDT
BluMetric Announces Q2 2024 Financial Results
Ottawa, Ontario--(Newsfile Corp. - May 30, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announces its financial results for the second fiscal quarter ended March 31, 2024. Financial Highlights Revenue for the quarter ended March 31, 2024, was $7.1 million compared to $7.4 million for the same period in 2023. Gross margin for the quarter ended March 31, 2024, was 43% compared to 37% (as...
2024-05-30 6:00 PM EDT
BluMetric Announces Stock Option Extension
Ottawa, Ontario--(Newsfile Corp. - March 25, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or the "Company"), a full-service environmental consulting and engineering cleantech firm, is pleased to announce the extension of the expiry date for 1,483,000 stock options granted by BluMetric to several of its employees (the "Stock Option Extension"). The Stock Option Extension does not include any stock options granted to directors, officers, or insiders of the Company. Of the...
2024-03-25 5:00 PM EDT
BluMetric Announces Q1 2024 Financial Results
Ottawa, Ontario--(Newsfile Corp. - February 29, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announces its financial results for the first quarter ended December 31, 2023. Financial Highlights Gross margin for the quarter ended December 31, 2023, was 42% compared to 32% (as restated; see note below) for the same quarter in the previous year. Revenue for the quarter ended December 31,...
2024-02-29 7:00 AM EST
BluMetric Announces $5.3 Million Service Contract Extension for Canadian Department of National Defence Water Purification Systems
Ottawa, Ontario--(Newsfile Corp. - February 16, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced today that it has signed an amendment to an existing service agreement for Canada's Department of National Defence Reverse Osmosis Water Purification Units (ROWPU). The amendment includes a $5.3 million increase to the scope of work, to be completed in calendar year 2024, which...
2024-02-16 7:00 AM EST
BluMetric Announces Fiscal Year 2023 Results
Ottawa, Ontario--(Newsfile Corp. - January 29, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announces its financial results for the quarter and fiscal year ended September 30, 2023. Financial Highlights Revenue for the fiscal year was $35.1 million compared to $34.3 million for the fiscal year ended September 30, 2022. Revenue for the fourth quarter of fiscal year 2023 was $10.3 million...
2024-01-29 7:00 AM EST
BluMetric Selected for Environmental Baseline of Vision Lithium's Sirmac Project in Northern Quebec
Ottawa, Ontario--(Newsfile Corp. - December 7, 2023) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced today that it has been selected by Vision Lithium to complete an environment baseline assessment for the Sirmac Project located in the Plan Nord region of Québec. Lithium is one of the critical minerals required to advance Canada's multi-billion dollar commitments to onshoring electric...
2023-12-07 5:00 PM EST
BluMetric Announces Appointment of New Chief Financial Officer
Ottawa, Ontario--(Newsfile Corp. - October 2, 2023) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, is pleased to announce the appointment of Dan Hilton to the role of Chief Financial Officer effective October 1, 2023, subject to TSX Venture Exchange approval. Mr. Hilton has a proven track record as a finance leader in both fast-growing and established technology companies. He was most recently...
2023-10-02 6:25 AM EDT
BluMetric Announces Departure of Chief Financial Officer
Ottawa, Ontario--(Newsfile Corp. - August 31, 2023) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced today that Vivian Karaiskos, the Company's Chief Financial Officer ("CFO"), will be departing on September 30, 2023, to pursue a new opportunity. Ms. Karaiskos joined BluMetric as the CFO in January 2015. During her tenure with the Company, she led several complex financings and...
2023-08-31 6:07 PM EDT
BluMetric Teams with Stantec in Quebec's Mining Environmental Impact Assessment Market
Ottawa, Ontario--(Newsfile Corp. - August 31, 2023) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced today that it, in conjunction with Stantec, has been selected by Troilus Gold Corporation to lead and coordinate provincial and federal Environmental Impact Assessment ("EIA") studies for the Troilus Gold project. Situated in the southeastern area of the Nord-du-Québec Administrative...
2023-08-31 6:07 PM EDT
BluMetric Announces Q3 2023 Financial Results
Ottawa, Ontario--(Newsfile Corp. - August 24, 2023) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announces its financial results for the third quarter ended June 30, 2023. Financial Highlights Revenue for the quarter ended June 30, 2023, was $6.9 million, compared to $8.4 million for the same period in 2022. For the nine months ended June 30, 2023, revenue totaled $24.8 million, compared to...
2023-08-24 6:06 PM EDT
BluMetric Announces Board Chair Steps Down and Appointment of New Director
Ottawa, Ontario--(Newsfile Corp. - July 20, 2023) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced today that Lieutenant General (Ret) Jeffrey W. Talley has stepped down from the Board of Directors of the Company, effective immediately, to focus on his health and family. Dr. Talley has been a valued member of the Board since March 27, 2019, and served as the Company's Board Chair and a...
2023-07-20 9:26 PM EDT
BluMetric Engages Otis IR for Investor Relations Services
Ottawa, Ontario--(Newsfile Corp. - July 5, 2023) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announces that it has signed a service agreement ("Agreement") with the Ontario-based Otis Investor Relations Inc. ("Otis IR"), to develop and execute a comprehensive investor relations program. The program's goal is to broaden the Company's shareholder base, manage investor communications and...
2023-07-05 5:06 PM EDT