OTTAWA, Nov. 9, 2017 /CNW/ - BluMetric Environmental Inc. (TSXV: BLM) is pleased to announce that an Ontario mining client has issued change orders to two of BluMetric's existing contracts for a combined increase of more than $2 million.
The first change order, extending work that was previously announced (press release dated September 28, 2016) includes drilling and engineering to support the design of a barrier wall, reservoir, pump-house, and pipeline for collection and management of impacted water. This work begins immediately.
The second change order is for remedial assessment for technologies including barrier walls, cut-off walls, dams, and trenches, relying on some geophysics as non-intrusive investigation. This work includes a pilot study for an innovative Permeable Reactive Barrier, which BluMetric will design, install, and monitor for two years. If this pilot is successful, similar barriers may be deployed at multiple locations to treat impacted groundwater, saving the client millions of dollars in comparison with more traditional remedial approaches.
"These awards reflect the strong relationship that BluMetric has with this client, as well as the growth in the array of services we are able to offer," said Rich Schmidt, Client Manager and Senior Hydrogeologist. "We have consistently delivered high-quality services anchored in our practical and insightful use of innovative remedial technologies well-suited for their particular needs. We reliably and cost-effectively solve their problems."
"I am impressed by the rapidly expanding volume of work that our consulting services group does for long-term clients and the trust that these clients have in our team," said Roger Woeller, BluMetric's CEO. "Moreover, this new work not only reinforces the value of relationships in this business, but highlights our ability to create differentiated, customized products and services, which is fundamental to our approach and strategy."
About BluMetric Environmental Inc.
BluMetric Environmental Inc. is a publicly traded cleantech company with a portfolio of industry-leading engineering services and proprietary equipment providing sustainable solutions to environmental challenges. Headquartered in Ottawa, Ontario, BluMetric's award-winning team of industry experts serves clients in Canada, the United States, and Central America.
For more information, visit www.BluMetric.ca.
Some of the statements in this press release, including those relating to the Company's discussions of contractual agreements, future products, opportunities, cost initiatives, 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 communication or to reflect the occurrence of unanticipated events, except as required by law.
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SOURCE BluMetric Environmental Inc.
For further information: Roger Woeller, CEO, BluMetric Environmental Inc.,Tel: 613.839.3053 x 242, Email: [email protected]; Robin M. Sundstrom, IRonside Investor Relations, Tel: 647.822.8111, Email: [email protected]