Thermal Energy International Inc.

To save our customers money and improve their bottom lines by reducing their fuel use and cutting their carbon emissions

Recent News

Thermal Energy to Relocate UK Operations to Meet Growing Demand for GEM Steam Trap Product

Ottawa, Ontario--(Newsfile Corp. - November 13, 2023) - 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 excited to announce the relocation of its UK operations to a larger industrial unit on the outskirts of Bristol. The move comes as a strategic response to the remarkable growth in demand for the Company's proprietary...

2023-11-13 7:01 AM EST

Thermal Energy International Reports Strong, Profitable Growth in First Quarter

Ottawa, Ontario--(Newsfile Corp. - October 25, 2023) - 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, 2023. All figures are in Canadian dollars. Highlights: Revenue: $5.2 million, a 66% increase from the same quarter last year Gross profit: $2.8...

2023-10-25 7:01 AM EDT

Thermal Energy Announces $2.6 Million Heat Recovery Order from Multinational Dairy and Nutrition Company

Ottawa, Ontario--(Newsfile Corp. - October 17, 2023) - 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, this morning received a $2.6 million turn-key heat recovery order from a multinational dairy and nutrition company. All figures are shown in CAD. "We are thrilled to partner with this leading dairy producer to maximize...

2023-10-17 9:55 AM EDT

Thermal Energy Receives $1.9 Million in Repeat Business from Global Nutrition Company

Ottawa, Ontario--(Newsfile Corp. - October 10, 2023) - 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 $1.9 million turn-key heat recovery order from a global nutrition company. All figures are shown in CAD. "One of the reasons we target large multinational companies is their potential for significant repeat...

2023-10-10 7:01 AM EDT

Thermal Energy International Announces Letter to Shareholders from Chief Executive Officer

Ottawa, Ontario--(Newsfile Corp. - October 3, 2023) - 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 made available on its website a letter to shareholders from the Company's Chief Executive Officer, William Crossland. In the letter, William Crossland provides his commentary on Thermal Energy's fiscal 2023 fourth...

2023-10-03 7:01 AM EDT

Thermal Energy International's Fourth Quarter Revenue Growth of 84% Caps Banner Year

Ottawa, Ontario--(Newsfile Corp. - September 27, 2023) - 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, 2023. All figures are in Canadian dollars. Highlights: Revenue: $21.1 million for the year and $8.2 million for the quarter, a 84%...

2023-09-27 7:00 AM EDT

Thermal Energy Receives $4 Million Turn-Key Heat Recovery Order from Big Pharma Under New Global Master Services Agreement

Ottawa, Ontario--(Newsfile Corp. - September 13, 2023) - 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 for a Turn-key Heat Recovery Project valued at approximately $4 million from a leading multinational pharmaceutical company. All figures are shown in CAD. "This is our largest heat recovery order...

2023-09-13 7:01 AM EDT

Thermal Energy International Achieved Record Order Intake in Fiscal Year Ended May 31, 2023

Ottawa, Ontario--(Newsfile Corp. - July 11, 2023) - 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 record order intake1 for its fiscal year ended May 31, 2023. The Company received orders totalling $27.3 million during the twelve-month period, which was up 133% year-over-year. "The past year has...

2023-07-11 7:05 AM EDT

Thermal Energy Receives $1.8 Million Multisite GEM Conversion Order from Multinational Consumer Goods Company

Ottawa, Ontario--(Newsfile Corp. - May 16, 2023) - 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 $1.8 million multisite GEMTM project order from a multinational consumer goods company. All figures are shown in CAD. "This customer is rolling out GEM steam traps to sites across three continents after...

2023-05-16 7:00 AM EDT

Thermal Energy to Deliver Fifth Turn-Key Project for Global Nutrition Company

Ottawa, Ontario--(Newsfile Corp. - May 9, 2023) - 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 been commissioned by a global nutrition company to deliver a fifth Turn-key energy efficiency and carbon emission reduction solution. All figures are shown in CAD. This order valued at approximately $1.1 million succeeds...

2023-05-09 7:00 AM EDT

Thermal Energy to Present at TSX Clean Technology Investor Day on May 17

Ottawa, Ontario--(Newsfile Corp. - May 8, 2023) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy"or the "Company"), an innovative cleantech company and global provider of proprietary energy and carbon emissions reduction solutions to some of the world's largest corporations, today announced that the Company will participate in the 2023 TSX Cleantech Investor Day in Toronto, Ontario on Wednesday, May 17, 2023. President & CEO, William Crossland, will present an...

2023-05-08 7:00 AM EDT

Thermal Energy International Reports Strongest Quarter in More than Two Years

Ottawa, Ontario--(Newsfile Corp. - April 25, 2023) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), an innovative cleantech company and global provider of proprietary energy and carbon emissions reduction solutions to some of the world's largest corporations, has announced its financial results for the quarter ended February 28, 2023. All figures are in Canadian dollars. Quarter-End Highlights: Revenue: $5.6 million for the quarter, $12.9...

2023-04-25 7:00 AM EDT

Thermal Energy Retains Investor Relations Firm

Ottawa, Ontario--(Newsfile Corp. - April 14, 2023) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), an innovative cleantech company and global provider of proprietary energy and carbon emissions reduction solutions to some of the world's largest corporations, today announced that it has retained MBC Capital Markets Advisors ("MBC") to provide strategic investor relations services. Founded in 1983 as MaisonBrison Communications, MBC is one of...

2023-04-14 5:00 PM EDT

Thermal Energy International to Present at the Emerging Growth Conference

Ottawa, Ontario--(Newsfile Corp. - March 20, 2023) - 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 present at the Emerging Growth Conference on March 22, 2023. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with Thermal Energy...

2023-03-20 8:00 AM EDT

Thermal Energy International Provides Half-Year Business Update

Ottawa, Ontario--(Newsfile Corp. - February 7, 2023) - 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 shared a business update on investors-thermalenergy.com. In this business update CEO William Crossland provides updates on notable activities, orders, the market, and TEI's competitive position, including: Last Twelve...

2023-02-07 8:30 AM EST

IIROC Trade Resumption - Thermal Energy International Inc.

Vancouver, British Columbia--(Newsfile Corp. - December 5, 2017) - Trading resumes in: Company: Thermal Energy International Inc.

2017-12-05 2:45 PM EST

IIROC Trade Halt - Thermal Energy International Inc.

Vancouver, British Columbia--(Newsfile Corp. - December 5, 2017) - The following issues have been halted by IIROC: Company:

2017-12-05 12:12 PM EST

IIROC Trade Resumption - Thermal Energy International Inc.

Vancouver, British Columbia--(Newsfile Corp. - October 12, 2017) - Trading resumes in: Company: Thermal Energy International Inc.

2017-10-12 12:12 PM EDT

IIROC Trade Halt - Thermal Energy International Inc.

Vancouver, British Columbia--(Newsfile Corp. - October 12, 2017) - The following issues have been halted by IIROC: Company:

2017-10-12 11:47 AM EDT

IIROC Trade Resumption - Thermal Energy International Inc.

Vancouver, British Columbia--(Newsfile Corp. - August 31, 2017) - Trading resumes in: Company: Thermal Energy International Inc.

2017-08-31 3:31 PM EDT

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