BluMetric Grants CEO Stock Options

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.

Copyright 2018 Canada NewsWire