Blumetric Environmental Inc Stock Price, News & Analysis

BluMetric (OTCQX: BLMWF) closed a best-efforts brokered offering of 11,538,461 common shares at $1.30 per share for aggregate gross proceeds of $14,999,999.30 on December 9, 2025.

The company paid agents a 6.0% cash fee of $899,999.96 and issued 692,307 broker warrants exercisable at $1.30 for 18 months. Net proceeds will partly fund the previously announced acquisition of DS Consultants, which has a maximum purchase price of $22,500,000 composed of $10,500,000 cash, $7,500,000 in shares and up to $1,500,000 annual earnouts tied to EBITDA targets of $4M, $5M and $6M over three years.

BluMetric (OTCQX: BLMWF; TSXV: BLM) obtained a receipt for a final short form base shelf prospectus in five Canadian provinces dated November 19, 2025.

The shelf permits the company to qualify distribution of up to $50 million of common shares, warrants, subscription receipts, units or combinations during a 25-month effectiveness period. Specific offering terms will be set in a prospectus supplement and depend on the company’s financing needs and market conditions.

Management said the shelf will enable access to capital or securities issuances for strategic acquisitions. A copy of the prospectus is available on SEDAR+. Separately, BluMetric granted 30,000 options to a board member effective Oct 29, 2025, vesting over two years at an exercise price of $1.46 for seven years.

BluMetric (OTCQX: BLMWF / TSXV: BLM) announced it signed $2.6 million in WaterTech and environmental engineering contracts with two multinational mining operators in Ontario on October 27, 2025.

The first contract supplies a Mission Ready Water modular potable water treatment plant with capacity up to 144,000 l/day, designed to remove total suspended solids, iron, manganese and arsenic; manufacture will occur at BluMetric's Carp, Ontario facility with delivery and commissioning expected within 12 months. BluMetric previously supplied a smaller version in 2022 and the modular design allows potential expansion.

The second contract covers professional services including geotechnical and environmental investigations at an inactive gold mine, with work expected to be completed by end of calendar 2025.

BluMetric Environmental (OTCQX:BLMWF) has signed a Memorandum of Understanding (MOU) with DNG Defence at DEFSEC Atlantic 2025. The partnership aims to combine BluMetric's water technologies and environmental engineering expertise with DNG Defence's Indigenous community-owned enterprises network.

The collaboration will focus on developing sustainable and sovereign supply chains for Canada's national defence priorities, including water purification solutions for the Canadian Patrol Submarine Project. The partnership represents a strategic alignment between Indigenous leadership and BluMetric's Mission Ready Water capabilities to enhance Canada's defence capabilities.

BluMetric Environmental (OTCQX:BLMWF) has appointed Stephan May to its Board of Directors, effective September 29, 2025, pending TSX Venture Exchange approval. May, currently the Managing Partner of Welch Capital Partners, brings significant expertise in mergers and acquisitions, having overseen more than 100 M&A and capital advisory engagements since 2015.

May holds the ICD.D designation from the Rotman School of Business and currently serves as Board Chair for Modo Yoga International. His experience includes chairing MSP Corp's board through a strategic private equity sale, and he has developed a proprietary M&A risk playbook for boards. May holds an MBA from the University of Ottawa and has completed the IFSE Officers', Partners', and Directors' course.

BluMetric Environmental (OTCQX:BLMWF), a WaterTech and environmental consulting firm, will present at the Planet MicroCap Showcase: TORONTO 2025 on October 22, 2025, at 10:00 AM EST. The presentation will take place at the Arcadian Loft in Downtown Toronto.

Chair & CEO Scott MacFabe will lead the presentation and conduct a Q&A session. The company will also host 1x1 investor meetings on October 23, 2025. Investors can access the live webcast through the provided link, and recordings will be available on the conference platform afterward.

BluMetric Environmental (OTCQX:BLMWF) has secured a $1.3 million environmental engineering contract with a multinational mining operator for a mining rehabilitation project in Ontario. The project includes design enhancements, geotechnical and environmental investigations.

The company is strategically positioned to capitalize on Ontario's mining rehabilitation needs, with the province having 6,181 known abandoned mine sites containing approximately 19,626 mine hazard features. BluMetric maintains a strong presence in Ontario through five regional offices.

Additionally, the company announced that Wanda Richardson has stepped down from the Board of Directors, effective September 11, 2025, after three years of service.

BluMetric Environmental (OTCQX:BLMWF), a WaterTech and environmental consulting firm, reported Q3 2025 financial results with mixed performance. Revenue surged to $14.7 million, up from $8.1 million year-over-year, while nine-month revenue reached $44.6 million.

The quarter saw reduced gross margins of 36% (vs. 44% in Q3 2024) due to Gemini Water integration and sales mix changes. The company reported an EBITDA of $0.3 million and a net loss of $0.5 million. Working capital improved to $8.5 million, with a net cash position of $3.4 million.

Notable developments include doubled revenues from Gemini acquisition, a 76% increase in Military market revenues, and a new $3.8 million contract from Thales Canada. Professional Services faced challenges due to government transitions and macro-economic conditions.

BluMetric Environmental (OTCQX:BLMWF) has secured a CA$3.8 million contract with Thales Canada to upgrade water systems on Royal Canadian Navy ships. The project focuses on enhancing potable water chemistry and extending the lifespan of shipboard water distribution systems.

The company's WaterTech Canada division in Carp, Ontario, will design, validate, and execute the project, with system delivery and commissioning expected within 18 months. This collaboration represents a significant development in BluMetric's Mission Ready Water solutions for military applications.