Mr. Scott MacFabe reports

BLUMETRIC ANNOUNCES $2.6 MILLION WATERTECH AND PROFESSIONAL SERVICES MINING CONTRACTS IN ONTARIO

Blumetric Environmental Inc. has signed $2.6-million in watertech (water technology) and environmental engineering contracts with two separate multinational mining operators for projects in Ontario.

"We continue to see traction in the Ontario mining market as conditions strengthen," said Scott MacFabe, chair and chief executive officer of Blumetric. "These contract wins are a mix of new and repeat multinational companies. Our mining market is unique because Blumetric can deploy both watertech and professional services offerings."

The first contract is to supply a mission-ready water modular potable water treatment plant (PWTP) that will provide up to 144,000 litres per day of drinking water for the expansion of a gold mining site. The watertech unit is designed to remove total suspended solids, iron, manganese, arsenic and operate at a wide range of ambient temperatures. Blumetric provided a smaller version of the same plant in 2022, and the modular design allows for future potential expansion. It will be manufactured at the company's Carp, Ont., facility and is expected to be delivered and commissioned within the next twelve months.

The second contract is for professional services with various workloads including geotechnical and environmental investigations at an inactive gold mine in the province. The work is expected to be completed by the end of the calendar year.

About Blumetric Environmental Inc.

Blumetric Environmental is a publicly traded water technology and environmental engineering firm. Blumetric designs, fabricates and delivers sustainable solutions to complex water and environmental challenges. The company is supported by more than 230 employees across 11 offices and three manufacturing facilities, with over 50 years of history. Headquartered in Ottawa, Ont., Blumetric's team of industry experts serves commercial and industrial, government, military, and mining clients.

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