Seair Announces Issuance of Shares in Satisfaction of Bond Interest Payment

Seair Inc. (TSX VENTURE:SDS) ("Seair" or the "Company") announces that further
to their press release dated May 30, 2014, and in accordance with the terms of a
trust indenture entered into between the Company and BNY Trust Company Of Canada
dated as of October 31, 2012, as supplemented by the first supplemental
indenture made effective October 31, 2013 and as further supplemented by the
second supplemental indenture made effective May 14, 2014 (collectively, the
"Indenture"), they have agreed to issue an aggregate of 573,234 common shares in
the capital of the Company (the "Common Shares") to holders of the Company's 8%
Secured, Subordinate, Convertible, Redeemable Debentures (the "Debentures") in
satisfaction of an aggregate of $114,643.50 interest payable to holders of
Debentures on June 30, 2014. 


The issuance of the Common Shares has been conditionally accepted by the TSX
Venture Exchange. Receipt of the Exchange's final acceptance for the issuance
will be subject to the Company complying with all requirements of the Exchange. 



The Company anticipates that holders of Debentures should receive their Common
Shares in lieu of cash interest on the Debentures on or about July 10, 2014.


ABOUT SEAIR

Seair Inc. develops proprietary technology and equipment that diffuses gases,
such as oxygen, ozone and carbon dioxide, into liquids. Seair's patented
technologies can produce micron size bubbles that are more efficient than other
diffusion technologies because the diffused gases remain in solution for
extended periods of time, leading to increased productivity and lower operating
costs. The process facilitates gas-based treatment of complex and challenging
industrial wastewater and allows Seair to provide full water reuse and closed
loop systems. 


Seair applications include oil sands SAGD water solutions, frac and produced
water treatment, industrial ponds treatment, mine dewatering/treatment,
end-to-end sewage treatment for permanent residential communities and remote
work camps, golf course irrigation and pond treatment. Seair is also working on
a project for industrial emissions treatment. Parties interested in obtaining
further information or receiving news releases and corporate documents from
Seair may email such requests to [e-mail] or visit the Seair website at
www.seair.ca. 


Seair is proud to be recognized as one of the Top 5 Cleantech companies in the
TMX 2012 Venture 50.


This news release of Seair contains statements that constitute "forward-looking
statements." Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause Seair's actual results,
performance or achievements, or developments in the industry to differ
materially from the anticipated results, performance or achievements expressed
or implied by such forward-looking statements. Forward looking statements are
statements that are not historical facts and are generally, but not always,
identified by the words "expects," "plans," "anticipates," "believes,"
"intends," "estimates," "projects," "potential" and similar expressions, or that
events or conditions "will," "would," "may," "could" or "should" occur.
Forward-looking statements in this document include statements regarding Seair's
expectations regarding the issuance of Common Shares to holders of Debentures
and the receipt of regulatory approval therefor. There can be no assurance that
such statements will prove to be accurate. Actual results and future events
could differ materially from those anticipated in such statements, and readers
are cautioned not to place undue reliance on these forward-looking statements.
Any factor could cause actual results to differ materially from Seair's
expectations. Seair undertakes no obligation to update these forward-looking
statements in the event that management's beliefs, estimates or opinions, or
other factors, should change.


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 news release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Seair Inc.
Jim Laird
CFO
780-477-7188
[e-mail]
www.seair.ca