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File: ZADAR SIGNS MOU WITH FLOWBACK SOLUTIONZ.docx
ZADAR VENTURES LTD. 908-510 Burrard St Vancouver, B.C. V6C 2A8 Phone: 604-682-1643
ZADAR SIGNS MOU WITH FLOWBACK SOLUTIONZ
A CANADIAN WASTE WATER TREAMENT COMPANY
ZAD TSX. V ZADDF. OTCQB ZAV.F
April 4, 2017 - Vancouver, British Columbia. Zadar Ventures Ltd. (the "Company") is pleased to announce that it has e
--->ntered into a MOU with FlowBack Solutionz Canada Inc. ("FlowBack"), a Canadian oil well waste water treatment company,
---> to test FlowBack's innovative and proprietary waste water treatment technology for the purpose of lithium extraction
--->from Petrobrines from the Company's Manitoba Petrobrine projects.
Flowback is a water technology innovation company incorporated in 2013. FlowBack currently provides turn-key solution
--->s for oil/water separation, H2S removal and tailings pond remediation services utilizing its patented Flowback NanoBub
--->blerTM technology. Flowback specializes in solids separation, electrocoagulation and gas infusion technologies for the
---> oil & gas, mining, industrial and construction industries.
Oil and gas well operators in Canadian petroleum basins have long reported lithium values ranging from 80 mg/l to 140
--->mg/l as referenced by the geoScout Oil & Gas Industry database as reported by well operators and monitored by the Gove
--->rnment of Alberta. There are many other reports throughout Canada that reference lithium within Petrobrine wells withi
--->n these same ranges.
Company President Paul D. Gray, P.Geo. commented; "We look forward to working with FlowBack in this relatively new spa
--->ce of lithium extraction. The demand for low cost lithium production is the key driver in the rapidly developing ener
--->gy storage space."
The Company acknowledges it may not ever close this transaction but intends to complete its Due Diligence and enter in
--->to a definitive agreement within the next 45 days.
This news release has been reviewed and approved by Mr. Paul D. Gray, P.Geo, who is the Company's qualified person as
--->defined by National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
Paul D. Gray, P. Geo.
President & CEO
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the T
--->SX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may conta
--->in certain forward-looking information. All statements included herein, other than statements of historical fact, forw
--->ard-looking information and such information involves various risks and uncertainties. There can be no assurance that
--->such information will prove to be accurate, and actual results and future events could differ materially from those an
--->ticipated in such information. A description of assumptions used to develop such forward-looking information and a des
--->cription of risk factors that may cause actual results to differ materially from forward-looking information can be fo
--->und in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to upd
--->ate any forward-looking information except in accordance with applicable securities laws.
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