04:03:30 EDT Wed 16 Jul 2025
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Blumetric Environmental Inc
Symbol BLM
Shares Issued 37,169,471
Close 2025-07-15 C$ 1.35
Market Cap C$ 50,178,786
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Blumetric signs wastewater contract at Bahamian resort

2025-07-15 16:16 ET - News Release

Mr. Scott MacFabe reports

BLUMETRIC ANNOUNCES WASTEWATER CONTRACTS FOR BAHAMIAN ISLAND RESORT AND TEXAS COMMERCIAL HOUSING DEVELOPMENT

Blumetric Environmental Inc. has signed multiple contracts to supply a membrane-bioreactor-(MBR)-based wastewater treatment system for a Bahamian resort, and an expansion of an existing MBR plant at a Texas commercial housing development.

"We continue seeing strong interest and repeat business for our WaterTech systems in the Caribbean and Southern United States," said Scott MacFabe, chief executive officer of Blumetric. "The Bahamian facility will be our 10th wastewater facility delivered and is among the largest in terms of capacity. Over all, these wins reinforce our ability to cost-effectively deliver complete water cycle solutions covering desalination, potable water and wastewater treatment."

The contracts, valued at a total of approximately $1.8-million ($1.3-million (U.S.)), will treat 120,000 gallons per day (GPD) of wastewater at the Bahamian resort and increase capacity to 300,000 GPD at the Texas development. It will be executed by the company's WaterTech USA division in Gainesville, Fla., and is expected to be delivered and commissioned within the next 12 months.

This order builds on previous announcements within the same regions and highlights the demand for new and improved water infrastructure from tourism and housing development growth. Wastewater treatment helps protect public health, safeguard the environment and ensure the sustainable management of water resources.

About Blumetric Environmental Inc.

Blumetric Environmental is a publicly traded environmental consulting and engineering company with expertise across professional and trade disciplines and technologies that allow for the design, fabrication and delivery of sustainable solutions to environmental and water challenges. Blumetric has more than 220 employees operating in 10 offices and over 45 years of expertise. Headquartered in Ottawa, Ont., Blumetric's team of industry experts serves commercial and industrial, military, mining, and government clients.

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