OTTAWA, April 4, 2016 /CNW/ - BluMetric Environmental Inc. (TSX.V: BLM), an Ottawa-based cleantech company, announced the recent election of Mr. Geoff Simonett to its Board of Directors at BluMetric's Annual and Special Meeting of Shareholders, held March 23, 2016. In addition, on April 1, 2016, Mr. Simonett was granted options for 60,000 common shares in connection with his election to the Board. The options vest over three years, and are exercisable into common shares of BluMetric at a price of $0.20 per share for a period of five years.
Geoff is an accomplished entrepreneur with more than two decades of experience starting, operating, financing, and successfully exiting multiple companies in the cleantech, IT, and financial services industries. With experience as an operator, investor and consultant, Geoff is highly adept at creating and executing strategic plans, raising capital, and motivating diverse teams. He is currently an Entrepreneur-in-Residence with Ontario's Regional Innovation Centre (RIC) in Mississauga, as well as a board member at Method Integration, and a consultant to several technology companies. Geoff has a Commerce degree from Queen's University.
"Geoff's appointment adds capital markets experience to our Board," said Roger Woeller, CEO of BluMetric. "His involvement is integral to BluMetric's strategy for growth in both services and systems."
The BluMetric Board now consists of Mr. Ron Clifton, Mr. Jordan Grant, Mr. Murray Malley (chair), Ms. Jane Pagel, Mr. Geoff Simonett, and Mr. Roger Woeller.
For additional information, 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.
Some of the statements in this press release, including those relating to the Company's 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.
SOURCE BluMetric Environmental Inc.
For further information: Roger Woeller, CEO, BluMetric Environmental Inc., Tel: 613.839.3053, x 242, Email: firstname.lastname@example.org; Robin M. Sundstrom, IRonside Investor Relations, Tel: 647.822.8111, Email: email@example.com