BluMetric Announces Receipt of Notice of Board Nominees

OTTAWA, March 8, 2018 /CNW/ - BluMetric Environmental Inc. (TSXV: BLM) announced today that, following the adoption of its Advance Notice By-Law, it received formal notice on Monday, March 5, 2018 from Roger Woeller, a shareholder of the Company and current member of the Board of Directors, of two individuals that he intends to nominate for election to the Board of Directors at the upcoming Annual and Special General Meeting of Shareholders, which is scheduled for Wednesday, March 28, 2018, in Ottawa. The full text of the Advance Notice By-Law is available on SEDAR at www.sedar.com. If Mr. Woeller nominates these individuals for election at the meeting, there will be a total of 8 nominees for the 6 board positions to be elected at the meeting.

The Board of BluMetric reminds shareholders that BluMetric has already proposed a full complement of 6 experienced directors and recommends shareholders vote in favour of the BluMetric nominees. The BluMetric nominees are: Jane Pagel, Geoff Simonett, Vijay Jog, Ronald Donaldson, Hubert Fleming, and Scott MacFabe (CEO of BluMetric). Biographical information regarding each of the nominees is available at pages 6 and 23 in BluMetric's Management Proxy Circular dated February 26, 2018 and filed on SEDAR (www.sedar.com).  Information regarding how to vote for the BluMetric nominees is also described in the Management Proxy Circular.

INFORMATION CONCERNING PROPOSED NOMINEES

A brief summary of biographical information in respect of the two proposed nominees, compiled from the notice received by BluMetric, is set out below. None of this information has been verified by BluMetric and BluMetric takes no responsibility for its accuracy.

Joachim T. Fritz, B.Sc.
Mr. Fritz is a retired patent agent and intellectual property professional with more than 20 years' management experience.  Mr. Fritz managed the national and Ottawa IP groups for a national law firm for 16 years.  A Fellow of the Intellectual Property Institute of Canada (IPIC), Mr. Fritz currently chairs the Patent Agent Examination Standards Committee of IPIC.

Robert Frank Berner, P.Eng.
Mr. Berner has 37 years of management and executive experience across a broad range of disciplines, from technology to finance.  Mr. Berner's most recent positions included 13 years as CTO of Rogers' wireless operations and 10 years as CTO of Rogers Communications Inc.  He has more than 20 years of varied experience as a board member.

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 discussions of the Company's contractual and corporate agreements, 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 press release 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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