BluMetric Announces Master Service Agreement and Initial $5.8M Service Contract for Canadian Department of National Defence's Water Purification Systems
Rhea-AI Summary
BluMetric Environmental (OTCQX: BLMWF) has secured a new Master Service Agreement with Canada's Department of National Defence for their Reverse Osmosis Water Purification Units (ROWPU). The agreement includes refurbishment, on-call field service, support, and maintenance of ROWPU systems. The contract spans three years with potential for seven one-year extensions. BluMetric has already received an initial service order worth $5.8 million under this new agreement. The company's Chair & CEO Scott MacFabe emphasized the importance of delivering Mission Ready Water and highlighted their long-standing relationship with the Department of National Defence.
AI-generated analysis. Not financial advice.
Positive
- Secured new Master Service Agreement with Department of National Defence
- Initial service order worth $5.8 million
- Long-term contract potential with 3-year base and 7 one-year extensions
- Continuation and strengthening of existing relationship with major government client
Negative
- None.
News Market Reaction – BLMWF
On the day this news was published, BLMWF gained 5.50%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Ottawa, Ontario--(Newsfile Corp. - May 27, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, today announced that it signed a new Master Service Agreement for Canada's Department of National Defence Reverse Osmosis Water Purification Units (ROWPU). This agreement, which replaced an existing one, includes the refurbishment, on-call field service, support, and maintenance, of the ROWPU systems.
The contract is in effect for three years with seven potential one-year contract extensions. To start, BluMetric has received an initial
"The new agreement demonstrates the confidence the Department of National Defence places in our ability to provide and service reliable and efficient water purification solutions," said Scott MacFabe, Chair & CEO of BluMetric. "Delivering Mission Ready Water, as is in the name, is crucial for operations that depend on a robust WaterTech system that can perform under demanding conditions. Moreover, this has been a long-standing relationship for us that we continue to execute and build on."
About BluMetric Environmental Inc.
BluMetric Environmental Inc. 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 ten offices and over 45 years of expertise. Headquartered in Ottawa, Ontario, BluMetric's team of industry experts serves Commercial and Industrial, Military, Mining and Government clients.
For more information, visit www.blumetric.ca or please contact:
BluMetric Environmental Inc.
Tel: 1-877-487-8436 x242
Email: smacfabe@blumetric.ca
Dan Hilton, CFO
BluMetric Environmental Inc.
Tel: 1-877-487-8436 x550
Email: dhilton@blumetric.ca
Brandon Chow, Principal & Founder
Panolia Investor Relations Inc.
Tel: 1-647-598-8815
Email: brandon@panoliair.com
Forward-Looking Statements
Some of the statements in this press release, including those related to obtaining approval of the TSX-V for the Company's amended and restated stock option agreement, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, are forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company's expectations, estimates, and projections regarding future events. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution readers of this news release not to place undue reliance on our forward-looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's most recent annual MD&A and the Company's continuous disclosure documents that can be found on SEDAR+ at www.sedarplus.ca. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253418