BluMetric Announces New Board Chair and Stock Option Grant

OTTAWA, Sept. 1, 2017 /CNW/ - BluMetric Environmental Inc. (TSXV: BLM), a leading cleantech company based in Ottawa, announces the appointment of Ms Jane Pagel as Chair of its Board of Directors.  Ms Pagel has been acting as interim Chair since the Annual General Meeting held March 29, 2017.  She has been an independent Director since February 3, 2014 and has served as Chair of the Human Resources and Compensation Committee.

In conjunction with this Board appointment, on September 1, 2017, Ms Pagel is granted options for 60,000 shares, pursuant to the Board compensation structure. The options vest over three years, and are exercisable into common shares of BluMetric at a price of $0.21 per share for five years.

BluMetric currently has 27,920,128 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.  We take pride in our strong record of providing sustainable solutions to the world's 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.

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 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.

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