BluMetric Announces Q2 2025 Consolidated Financial Results
Ottawa, Ontario--(Newsfile Corp. - May 28, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, announced its consolidated financial results for the second fiscal quarter ended March 31, 2025.Financial HighlightsRevenue for the quarter ended March 31, 2025, was $15.9 million compared to $7.1 million for the same period of the prior year and $29.9 million during the first half compared to $15.7 million for the same period of...
2025-05-28 5:02 PM EDT
BluMetric Announces Master Service Agreement and Initial $5.8M Service Contract for Canadian Department of National Defence's Water Purification Systems
Ottawa, Ontario--(Newsfile Corp. - May 27, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, today announced that it signed a new Master Service Agreement for Canada's Department of National Defence Reverse Osmosis Water Purification Units (ROWPU). This agreement, which replaced an existing one, includes the refurbishment, on-call field service, support, and maintenance, of the ROWPU systems.The contract is in effect for three years with seven potential one-year...
2025-05-27 7:00 AM EDT
BluMetric Announces Notice to Proceed for $12.2M Production of Mission Ready Water ASUWPS Systems
Ottawa, Ontario--(Newsfile Corp. - May 5, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, today announced that it has received a notice to proceed for production of its Mission Ready Water systems under the previously announced Rheinmetall Canada contract for the Canadian Armed Forces.In accordance with the contract, which is now valued at $12.2 million, BluMetric will produce a total of 26 self-contained water treatment units, their...
2025-05-05 7:00 AM EDT
BluMetric to Present at the Planet MicroCap Showcase: VEGAS in partnership with MicroCapClub on Wednesday, April 23, 2025
Ottawa, Ontario--(Newsfile Corp. - April 1, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering watertech and full-service environmental consulting firm, today announced that it will be presenting at the Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub on Wednesday, April 23, 2025, at 2:00 PM PT (5:00 PM ET). Chair and CEO of BluMetric, Mr. Scott MacFabe, will be hosting the presentation and answering questions at the conclusion.To access the live presentation,...
2025-04-01 7:00 AM EDT
BluMetric Announces New Board Chair and Shareholder Approval of Amended Stock Option Plan
Ottawa, Ontario--(Newsfile Corp. - March 24, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, today announced that Scott MacFabe has been named Chair of the Board of Directors of the Company, while continuing his role as Chief Executive Officer (CEO). Mr. MacFabe succeeds Mr. Ian Mor Macdonald who continues to be Chair of the Audit Committee."I want to extend my heartfelt gratitude to Ian for his outstanding...
2025-03-24 6:00 PM EDT
BluMetric Announces Potable Water and Wastewater Contract for Bahamian Island Resort
Ottawa, Ontario--(Newsfile Corp. - March 18, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, announced it has signed a contract to supply a Sea Water Reverse Osmosis (SWRO) and a Membrane Bioreactor (MBR) system for a Bahamian resort."The credibility of our reference base in the Caribbean continues to improve along with recognition of our ability to provide a full WaterTech solution," said Scott MacFabe, CEO of BluMetric....
2025-03-18 7:00 AM EDT
BluMetric Announces Q1 2025 Consolidated Financial Results
Ottawa, Ontario--(Newsfile Corp. - February 26, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, announced its consolidated financial results for the first fiscal quarter ended December 31, 2024.Financial HighlightsRevenue for the quarter ended December 31, 2024, was $14.0 million compared to $8.5 million for the same period in 2023.Gross margin for the quarter ended December 31, 2024, was 33% compared to 42% for the same quarter in...
2025-02-26 5:25 PM EST
BluMetric Announces Wastewater Treatment System for Caribbean Private Island Development and New Lease to Expand U.S. Manufacturing
Ottawa, Ontario--(Newsfile Corp. - February 5, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced it has signed a follow-on contract to supply a Membrane Bioreactor (MBR) wastewater treatment system to the Exumas in the Bahamas for a private island development. The Company has also signed a new lease for a larger U.S. manufacturing facility in Gainesville, Florida.The contract, valued at approximately CA$1.2 million (US$0.9 million), will...
2025-02-05 5:30 PM EST
BluMetric Announces Appointment of Mohsen Mortada to Board of Directors and Strategic Hires
Ottawa, Ontario--(Newsfile Corp. - January 29, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, is pleased to welcome Mr. Mohsen Mortada as a member of its Board of Directors ("Board"), effective February 1, 2025, and subject to TSX Venture Exchange approval."We are ecstatic to welcome Mohsen to the Board as a distinguished leader in water utility management, water engineering, desalination and professional services," said Scott MacFabe, CEO...
2025-01-29 5:00 PM EST
BluMetric Announces Fiscal Year 2024 Results
Ottawa, Ontario--(Newsfile Corp. - January 28, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, announces its financial results for the fourth quarter and fiscal year ended September 30, 2024.Consolidated Financial HighlightsAcquisition of Gemini Water LLC ("Gemini Water"), closed on September 24, 2024, has impacted BluMetric's balance sheet for the period ending September 30, 2024. However, due to the timing of the transaction, its impact on the income...
2025-01-28 8:13 PM EST
BluMetric Announces Closing of Oversubscribed Offering and Concurrent Private Placement
Ottawa, Ontario--(Newsfile Corp. - December 13, 2024) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or the "Company") is pleased to announce that it has closed its previously announced and oversubscribed brokered private placement, with Clarus Securities Inc. as sole agent ("Clarus" or the "Agent"), conducted under the Listed Issuer Financing Exemption (as defined herein) (the "Offering"), and has also closed its concurrent non-brokered private placement (the "Concurrent Offering")."We would like to thank all the participants in this oversubscribed...
2024-12-13 9:15 AM EST
BluMetric Announces LIFE Offering & Concurrent Private Placement
Ottawa, Ontario--(Newsfile Corp. - November 26, 2024) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or the "Company") is pleased to announce it has entered into an agreement with Clarus Securities Inc. ("Clarus" or the "Agent") pursuant to which Clarus has agreed to act as lead agent and sole bookrunner in connection with a best-efforts private placement, under the Listed Issuer Financing Exemption (as defined herein), to issue up to 4,375,000 common shares of the Company (the "Offered Shares")...
2024-11-26 7:00 AM EST
BluMetric Announces Cleantech Water Contract with Tier 1 Cruise Line
Ottawa, Ontario--(Newsfile Corp. - November 18, 2024) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced it has signed a contract to supply a Sea Water Reverse Osmosis (SWRO) system at a remote Caribbean island in the Bahamas for a Tier 1 Cruise Line.The contract, valued at approximately CA$1.1 million (US$0.8 million), will provide 80,000 gallons per day (GPD) of potable water and replace an existing SWRO system...
2024-11-18 5:19 PM EST
BluMetric Announces Acquisition of U.S.-Based Gemini Water to Expand CleanTech Portfolio and Geographic Footprint
Ottawa, Ontario--(Newsfile Corp. - September 24, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced its acquisition of U.S.-based Gemini Water, LLC ("Gemini Water"), marking the Company's cleantech water portfolio expansion and entry into the Caribbean and U.S. water markets (the "Acquisition").Under the terms of the membership interest purchase agreement executed September 23, 2024, BluMetric acquired 100% of the membership interest in Gemini Water from GSWS Holdco Inc. (the...
2024-09-24 7:00 AM EDT
BluMetric Announces First Mission Ready Water Contract for Remote First Nations Community
Ottawa, Ontario--(Newsfile Corp. - August 29, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced today that it has signed an agreement to supply a permanent installation for a turnkey water pre-treatment and purification system to a remote First Nations community in British Columbia.The contract, valued at $830,000, is BluMetric's first fixed system in a remote community, addressing the essential need for clean drinking water consumption. BluMetric will provide...
2024-08-29 9:10 AM EDT
BluMetric Announces Q3 2024 Financial Results
Ottawa, Ontario--(Newsfile Corp. - August 28, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announces its financial results for the third fiscal quarter ended June 30, 2024.Financial HighlightsRevenue for the quarter ended June 30, 2024, was $8.1 million compared to $6.9 million for the same period in 2023.Gross margin for the quarter ended June 30, 2024, was 44% compared to 35% (as restated; see note below) for the same...
2024-08-28 6:15 PM EDT
BluMetric Announces Q2 2024 Financial Results
Ottawa, Ontario--(Newsfile Corp. - May 30, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announces its financial results for the second fiscal quarter ended March 31, 2024.Financial HighlightsRevenue for the quarter ended March 31, 2024, was $7.1 million compared to $7.4 million for the same period in 2023.Gross margin for the quarter ended March 31, 2024, was 43% compared to 37% (as restated; see note below) for the same...
2024-05-30 6:00 PM EDT
BluMetric Announces Stock Option Extension
Ottawa, Ontario--(Newsfile Corp. - March 25, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or the "Company"), a full-service environmental consulting and engineering cleantech firm, is pleased to announce the extension of the expiry date for 1,483,000 stock options granted by BluMetric to several of its employees (the "Stock Option Extension"). The Stock Option Extension does not include any stock options granted to directors, officers, or insiders of the Company. Of the 1,483,000 stock options subject to the Stock Option...
2024-03-25 5:00 PM EDT
BluMetric Announces Q1 2024 Financial Results
Ottawa, Ontario--(Newsfile Corp. - February 29, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announces its financial results for the first quarter ended December 31, 2023.Financial HighlightsGross margin for the quarter ended December 31, 2023, was 42% compared to 32% (as restated; see note below) for the same quarter in the previous year.Revenue for the quarter ended December 31, 2023, was $8.5 million compared to $10.5 million for the...
2024-02-29 7:00 AM EST
BluMetric Announces $5.3 Million Service Contract Extension for Canadian Department of National Defence Water Purification Systems
Ottawa, Ontario--(Newsfile Corp. - February 16, 2024) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced today that it has signed an amendment to an existing service agreement for Canada's Department of National Defence Reverse Osmosis Water Purification Units (ROWPU). The amendment includes a $5.3 million increase to the scope of work, to be completed in calendar year 2024, which includes on-call field service, support, and maintenance of the water...
2024-02-16 7:00 AM EST