Thermal Energy Appoints Vincent Sands as Executive Vice President
Ottawa, Ontario--(Newsfile Corp. - January 7, 2026) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, is pleased to announce that Vincent Sands has been appointed to the position of Executive Vice President ("EVP") of Thermal Energy, effective immediately. Mr. Sands joined Thermal Energy in 2018 when the Company acquired...
2026-01-07 7:01 AM EST
Thermal Energy Receives $1.5 Million in Repeat Business from Multinational Building Materials Company
Ottawa, Ontario--(Newsfile Corp. - December 17, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today announced an order valued at approximately $1.5 million from a leading multinational building materials company. The turnkey project will include the installation of four HeatSponge two-stage boiler economizers...
2025-12-17 7:00 AM EST
Thermal Energy Announces $3.2 Million Turnkey Heat Recovery Order from Leading Multinational Frozen Food Company
Ottawa, Ontario--(Newsfile Corp. - December 15, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, is pleased to announce that it has received a $3.2 million turnkey heat recovery order from a leading multinational frozen food company. All figures are shown in CAD. "Stemming from our first heat recovery project with...
2025-12-15 7:01 AM EST
Thermal Energy International Announces Grant of Stock Options
Ottawa, Ontario--(Newsfile Corp. - November 30, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a global provider of energy efficiency and emissions reduction solutions, has announced that it granted 3,334,000 options to purchase common shares of the Company to officers and directors of the Company on November 30, 2025 as part of an overall remuneration and incentive program. The stock options were granted pursuant to the terms of the...
2025-11-30 10:59 PM EST
Thermal Energy International Inc. Receives an Additional $1.6 Million Order to Deliver Customized HeatSponge Heat Recovery Units to the Arctic
Ottawa, Ontario--(Newsfile Corp. - November 20, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, announced today that it has received a $1.6 million order to supply eight custom-engineered HeatSponge heat recovery units manufactured by its wholly owned subsidiary, Boilerroom Equipment Inc. ("BEI"), to a remote...
2025-11-20 7:01 AM EST
Thermal Energy Announces $1.5 Million in Repeat Business from Global Nutrition Company
Ottawa, Ontario--(Newsfile Corp. - November 5, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, has received orders for two turnkey heat recovery projects worth a combined total of $1.5 million from a global nutrition company. All figures are shown in CAD. "We received a series of orders from an existing customer...
2025-11-05 7:01 AM EST
Thermal Energy's First Quarter Highlighted by Record Q1 Order Intake and Higher Order Backlog
Ottawa, Ontario--(Newsfile Corp. - October 28, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today reported its financial results for the first quarter ended August 31, 2025. All figures are in Canadian dollars. Q1 2026 Highlights: (Compared to Q1 2025) Order intake increased 323% to $11.9 million. Order backlogi...
2025-10-28 7:01 AM EDT
Thermal Energy International to Announce First Quarter Results on October 28, 2025
Ottawa, Ontario--(Newsfile Corp. - October 15, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, will release its fiscal 2026 first quarter financial results prior to market open on Tuesday, October 28, 2025. Management will host an earnings conference call and webcast to review the financial results at 8:30 a.m. ET...
2025-10-15 10:30 AM EDT
Thermal Energy Achieves Record Revenue of $29.8 Million in Fiscal 2025
Ottawa, Ontario--(Newsfile Corp. - September 23, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today reported its financial results for the fourth quarter and year ended May 31, 2025. All figures are in Canadian dollars. Q4 2025 Highlights: (Compared to Q4 2024) Revenue decreased 9.3% to $6.8 million. Gross...
2025-09-23 7:01 AM EDT
Thermal Energy International to Announce Fourth Quarter and Fiscal Year 2025 Financial Results on September 23, 2025
Ottawa, Ontario--(Newsfile Corp. - September 16, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, will release its fiscal 2025 fourth quarter and year-end financial results prior to market open on Tuesday, September 23, 2025. Management will host an earnings conference call and webcast to review the financial...
2025-09-16 7:01 AM EDT
Thermal Energy to Present at Two Investor Conferences - Smallcap Discoveries Conference, Vancouver and Planet MicroCap Showcase, Toronto
Ottawa, Ontario--(Newsfile Corp. - September 3, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today announced it will be participating at two investor conferences this fall, both the Smallcap Discoveries Conference, in Vancouver and the Planet MicroCap Showcase in Toronto. Thermal Energy will be presenting at the...
2025-09-03 7:01 AM EDT
Thermal Energy Receives $1 Million Turnkey Heat Recovery Order from Multinational Building Materials Company
Ottawa, Ontario--(Newsfile Corp. - July 15, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today announced a turnkey heat recovery order valued at approximately $1 million from a leading multinational building materials company. The turnkey project will include the installation of three HeatSponge multi-pass...
2025-07-15 7:01 AM EDT
Thermal Energy Announces $1.4 Million Heat Recovery Project with Malted Barley Producer
Ottawa, Ontario--(Newsfile Corp. - July 10, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, has received an order from a European malted barley producer for a $1.4 million turnkey heat recovery project. All figures are shown in CAD. "After completing a successful project development agreement with this new...
2025-07-10 7:01 AM EDT
Thermal Energy Announces Additional $4.1 Million Contract with Global Pharmaceutical Leader
Ottawa, Ontario--(Newsfile Corp. - July 3, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, is pleased to announce that it has received an additional order valued at $4.1 million for a previously announced heat recovery project for a leading multinational pharmaceutical company. This latest order calls for Thermal...
2025-07-03 7:01 AM EDT
Thermal Energy Secures $1 Million Follow-on Order for Heat Recovery Project from Global Pharmaceutical Leader
Ottawa, Ontario--(Newsfile Corp. - June 26, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today announced a custom equipment order valued at just over $1 million from one of the world's largest pharmaceutical companies. This order stems from a Project Development Agreement, which led to Thermal Energy's largest...
2025-06-26 7:01 AM EDT
Thermal Energy Announces Normal Course Issuer Bid
Ottawa, Ontario--(Newsfile Corp. - May 22, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today announced its intention to undertake a Normal Course Issuer Bid (the "Bid"). Thermal Energy is launching the Bid because it believes that, from time to time, the market price for the common shares of the Company does...
2025-05-22 7:01 AM EDT
Thermal Energy Announces $930 Thousand in Repeat Business from Multinational Consumer Goods Company
Ottawa, Ontario--(Newsfile Corp. - May 14, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company") , a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, has received a $930 thousand GEM order from a multinational consumer products company for one of its European sites. All figures are shown in CAD. "Based on realized fuel savings and the carbon emissions reductions delivered...
2025-05-14 7:01 AM EDT
Thermal Energy Reports Third Quarter Results
Ottawa, Ontario--(Newsfile Corp. - April 29, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today reported its financial results for the third quarter ended February 28, 2025. All figures are in Canadian dollars. Q3 2025 Highlights: Revenue decreased 4.1% to $5.8 million compared to Q3 2024. Negative EBITDAi of...
2025-04-29 7:01 AM EDT
Thermal Energy International to Report Third Quarter 2025 Financial Results on April 29
Ottawa, Ontario--(Newsfile Corp. - April 17, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, will release its fiscal 2025 third quarter financial results prior to market open on Tuesday, April 29, 2025. Management will host an earnings conference call and webcast to review the financial results at 8:30 a.m. ET the...
2025-04-17 10:30 AM EDT
Thermal Energy Announces $1 Million Heat Recovery Expansion Project with Leading Multinational Food & Beverage Company
Ottawa, Ontario--(Newsfile Corp. - April 16, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, has received an order from one of its largest customers to expand the existing heat recovery system installed by Thermal Energy in 2019. This turnkey heat recovery expansion project is valued at approximately $1 million....
2025-04-16 7:01 AM EDT