An anonymous director reports

BLUMETRIC RETRACTS REVENUE DETAILS PERTAINING TO THE PREVIOUS NEWS RELEASE ISSUED BY BLUMETRIC THIS MORNING

Blumetric Environmental Inc. is retracting its statement of expected revenues pertaining to its new four-year standing offer agreement with the Canadian federal government for northern contaminated-site environmental consulting services across all three Canadian territories.

To clarify, the contract is in place, but in its earlier press release dated April 27, 2017, the company outlined management's expectation for revenues associated with this agreement. However, at this point, management cannot be certain of the revenues specific to each year, nor of costs relating to those revenues, and therefore cannot report them accurately as required in National Instrument 51-102, 4B, dealing with future-oriented financial information. Blumetric's management regrets any confusion.

This clarification was requested by the Investment Industry Regulatory Organization of Canada.

About Blumetric Environmental Inc.

Blumetric Environmental is a publicly traded clean-tech company with a portfolio of industry-leading products, processes and services in the environmental sciences and engineering sectors. It takes pride in its strong record of providing sustainable solutions to the world's environmental challenges. Headquartered in Ottawa, Ont., Blumetric's award-winning team of industry experts serves clients in Canada, the United States and Central America.

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