OTTAWA, March 2, 2018
/CNW/ - BluMetric Environmental Inc. (TSXV: BLM), announces that
effective March 1, 2018, it has
granted options for 500,000 common shares to the Company's newly
appointed CEO, Scott MacFabe,
pursuant to his employment agreement.
The options vest over three years, and are exercisable into
common shares of BluMetric at a price of $0.24 per share for five years.
BluMetric currently has 28,391,778 shares outstanding. For
additional information on Board or capital structure, please refer
to the Company's filings on www.sedar.com.
About BluMetric Environmental Inc.
BluMetric
Environmental Inc. is a publicly traded cleantech company with a
portfolio of industry-leading products, processes, and services in
the environment sciences and engineering sectors. BluMetric takes
pride in its strong record of providing sustainable solutions to
the world's environmental challenges. Headquartered in
Ottawa, Ontario, BluMetric's team
of industry experts serves clients in Canada, the United
States, and Central America.
For more information, visit www.blumetric.ca
Forward-Looking Statements
Some of the
statements in this press release, including those relating to the
Company's quarterly and annual results, future products,
opportunities and 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 presentation
or to reflect the occurrence of unanticipated events, except as
required by law.
Neither the 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.