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Share Name Share Symbol Market Type
TSXV:SDS TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Seair Announces Proposed Issuances of Shares for Debt

16/05/2014 9:09pm

Marketwired Canada


Seair Inc. (TSX VENTURE:SDS) ("Seair" or the "Company") announces they have
agreed to issue an aggregate of up to 1,950,181 common shares of the Company
pursuant to outstanding obligations totaling $421,456.41. Two of the individuals
involved (accounting for less than 28% of the total) are former officers of the
Company. 


The issuance of the shares remains subject to approval by the TSX Venture Exchange.

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 info@seair.ca 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 regulatory approval of the issuance of common shares.
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
info@Seair.ca
www.seair.ca

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