BluMetric Extends Mine Water Treatment Contract for 2027 Season

BluMetric Environmental Inc., a water technology and environmental engineering firm based in Ottawa, Ontario, has announced a significant contract extension for the 2027 operating season. The company has signed a $2.7 million deal to continue operating and maintaining a mine water treatment plant in the Northwest Territories, in collaboration with local indigenous partners. This contract extension is a testament to BluMetric's expertise in the Mining sector and its commitment to sustainable water management.

MacFabe emphasized the company's commitment to sustainable water management, noting that the plant will treat water from the mine and all contact water directed to and collected in tailings ponds before environmental release. The treatment process is crucial as the water discharged to the environment must meet stringent criteria set by regulatory authorities to protect human health and the environment.

In related news, BluMetric has granted options of 167,000 common shares to employees and executives. These options were granted effective August 26, 2026, and will vest over a two-year period. The options are exercisable into common shares of BluMetric at a price of $1.07 per share for a period of seven years. This move is part of the company's ongoing efforts to align employee interests with the company's success.

BluMetric Environmental Inc. is a publicly traded firm with a strong track record, supported by more than 360 employees across 16 offices and three manufacturing facilities. With over 50 years of history, the company continues to serve clients in the Commercial and Industrial, Government, Military, and Mining sectors. Headquartered in Ottawa, Ontario, BluMetric remains committed to delivering sustainable solutions to complex water and environmental challenges.

The contract extension for the 2027 operating season is a significant milestone for BluMetric, reflecting its continued presence and expertise in the Mining sector. The collaboration with local indigenous partners underscores the company's commitment to sustainable and responsible operations. The $2.7 million contract is a substantial investment in the company's ongoing efforts to manage and treat mine water effectively, ensuring environmental compliance and protection.

The grant of options to employees and executives is a strategic move by the company, designed to align their interests with the company's long-term success. The options, granted on August 26, 2026, vest over a two-year period, providing employees and executives with a financial incentive to contribute to the company's growth and success. The options are exercisable at a price of $1.07 per share for a period of seven years, reflecting the company's confidence in its future performance.

With a strong track record and a commitment to sustainable solutions, BluMetric Environmental Inc. continues to play a critical role in the management of water for mine sites across Canada. The company's expertise and collaboration with local indigenous partners demonstrate its dedication to responsible and sustainable practices. The contract extension and the grant of options are significant steps in the company's ongoing efforts to support its clients and contribute to the broader environmental and social goals of the Mining sector.