First Selenium Treatment Project in Latin America

VANCOUVER, BC, July 10, 2024 /CNW/ - BQE Water Inc. (TSXV: BQE), a leader in the treatment and management of mine impacted waters, is pleased to announce our contract to perform laboratory testing and conceptual engineering for a non-biological selenium removal water treatment plant using the Company's patented Selen-IX™ technology for a mine in Latin America.

David Kratochvil, CEO of BQE Water, commented "As the first selenium project with regulatory drivers linked to long-term operation of an existing large scale mine in Latin America, this early-stage technical assessment contract is very significant. First, it allows us to demonstrate the capabilities and quantified benefits of Selen-IX™ in reducing life-cycle costs and risks of selenium management. Second, it helps to increase awareness about non-biological treatment of selenium in Latin America where selenium regulations are in very early stages of adoption and familiarity with commercially proven technological solutions somewhat lags behind North America".

About Selen-IX™

BQE's Selen-IX™ technology is a patented and award-winning process of removing selenium from wastewater reaching effluent limits well below 0.002 mg/L, effectively eliminating reliance on dilution, and producing stable non-hazardous solid residue suitable for re-use. Since its first commercial application in 2020, Selen-IX has been successfully implemented at four sites across North America with the fifth installation currently under construction in the US. As the only commercially proven non-biological treatment system, Selen-IX™ offers unique advantages of rapid start-up and ramp-up from minimum to maximum design plant capacity, seasonal or intermittent treatment, zero sensitivity to water temperature, and zero risk of downstream impacts caused by organo-selenium species produced by biological systems. 

About BQE Water

BQE Water is a service provider specializing in water treatment and management for metals mining, smelting and refining. We are helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise which enables more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in innovation and has developed unique intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA. BQE Water is headquartered in Vancouver, Canada and trades on the TSX Venture Exchange under the symbol BQE. Visit www.bqewater.com for more information.

****

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.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Certain information contained herein may not be based on historical fact and therefore constitutes "forward-looking information" under applicable Canadian securities legislation. This includes without limitation statements containing the words "plan", "expect", "project", "estimate", "intend", "believe", "anticipate", "may", "will" and other similar words or expressions. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks, uncertainties and other factors that may cause actual events or results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the Company's dependence on key personnel and contracts, uncertainty with respect to the profitability of the Company's technologies, competition, technology risk, the Company's ability to protect its intellectual property and proprietary information, fluctuations in commodity prices, currency risk, environmental regulation and the Company's ability to manage growth and other factors described in the Company's filings with the Canadian securities regulators at www.sedarplus.ca (including without limitation the factors described in the section entitled "Risks and Uncertainties" in the Company's MD&A for the year ended December 31, 2023). Given these risks and uncertainties, the reader is cautioned not to place undue reliance on forward-looking statements. All forward-looking information contained herein is based on management's current expectations and the Company undertakes no obligation to revise or update such forward-looking information to reflect subsequent events or circumstances, except as required by law.

SOURCE BQE Water Inc.

Copyright 2024 Canada NewsWire