BluMetric Files Final Base Shelf Prospectus

Rhea-AI Summary

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.

Positive

• Shelf prospectus qualifies up to $50 million of securities
• 25-month effective period to complete offerings
• Options grant: 30,000 shares exercisable at $1.46

Negative

• Potential dilution from up to $50 million in future issuances
• No immediate proceeds; offerings dependent on market conditions

Ottawa, Ontario--(Newsfile Corp. - November 19, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, announced today that it has obtained a receipt for its final short form base shelf prospectus with the securities commissions in the Provinces of British Columbia, Alberta, Manitoba, Ontario, and New Brunswick.

The final base shelf prospectus allows the Company to ‎qualify the distribution by way of prospectus in Canada of up to $50 million of common shares, securities, warrants, subscription receipts, units, or a combination thereof, during the 25-month period that ‎the base shelf prospectus is effective. The specific terms of any offering under the base shelf prospectus will ‎be established in a prospectus supplement, which will be filed with the applicable Canadian securities ‎regulatory authorities in connection with any such offering.

The shelf prospectus will enable the Company to access new capital or issue securities in connection with strategic acquisitions, if and when needed. The amount and timing of any future offerings or issuances will be based on the Company's financial requirements and market conditions at that time.

A copy of the final short form base shelf prospectus can be found on SEDAR+ at www.sedarplus.ca.

This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Lastly, pursuant to the Company's Board compensation policy, BluMetric has granted options for 30,000 common shares to a Board Member of the Company. These options are granted effective October 29, 2025, vest over two years, and are exercisable into common shares of BluMetric at a price of $1.46 per share for a period of seven years.

About BluMetric Environmental Inc.

BluMetric Environmental Inc. 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 3 manufacturing facilities, with over 50 years of history. Headquartered in Ottawa, Ontario, BluMetric's team of industry experts serves Commercial and Industrial, Government, Military, and Mining clients.

For more information, visit www.blumetric.ca or please contact:

Scott MacFabe, Chair and CEO 
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

This news release contains forward-looking information and forward-looking statements within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). Such forward-looking statements relate to future events, conditions or future financial performance of ‎BluMetric based on future economic conditions and courses of action. All statements other ‎than statements of historical fact may be forward-looking statements. Such forward-looking statements ‎are often, but not always, identified by the use of any words such as "anticipate", "budget", ‎‎"plan", "goal", "expect" and similar expressions. Specifically, this news release contains forward-looking statements relating to, but not limited to: the filing and effectiveness of any potential prospectus supplement in the future; future financing opportunities; the amount and terms of any securities to be offered under one or more shelf prospectus supplement(s); and the Company's focus on its acquisition strategy.

Forward-looking statements involve known and unknown risks, assumptions, ‎uncertainties and other factors that may cause actual results or events to differ materially from those ‎anticipated in such forward-looking statements. Material risk factors that could cause actual results to differ materially from the forward-looking statements contained in this news release include, among others, demand for BluMetric's products and services; general economic and market conditions; competition; and other risks set forth in the Company's most recent annual information form available on SEDAR+ at www.sedarplus.ca. The Company believes the expectations reflected in ‎the forward-looking statements are reasonable, but no assurance can be given that these expectations ‎will prove to be correct and such forward-looking statements included in this news release should not be ‎unduly relied upon.‎ Material factors and assumptions used to develop the forward-looking statements contained in this news release include, among others: the Company's ability to execute on its business plan; demand for the Company's products and services; operating assumptions; and financial projections and cost estimates. These foregoing lists are not exhaustive. Additional information on these and other factors which could affect the Company's operations or financial results are included in the Company's most recent annual information form, MD&A and other public documents on file with the Canadian Securities regulatory authorities on www.sedarplus.ca.

The forward-looking statements represent the Company's views as at the date of this news release. There can be no assurance that forward-looking statements will prove to be accurate, as actual events and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on any forward-looking statement. The Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.

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/275203

FAQ

What does the BluMetric (BLMWF) base shelf prospectus dated November 19, 2025 allow?

It allows qualification to distribute up to $50 million of shares, warrants, subscription receipts, units or combinations over a 25-month period.

How can BluMetric use funds raised under the shelf prospectus (BLMWF)?

The company can access new capital or issue securities to fund operations or strategic acquisitions as needed.

Where can investors read BluMetric’s final short form base shelf prospectus for BLMWF?

A copy is available on SEDAR+ at www.sedarplus.ca.

What are the terms of the board member stock options granted by BluMetric (BLMWF)?

The company granted 30,000 options effective Oct 29, 2025, vesting over two years, exercisable at $1.46 for seven years.

Will BluMetric (BLMWF) issue shares immediately under the shelf prospectus?

No; the shelf only qualifies offerings—specific amounts and timing will be set in future prospectus supplements based on needs and market conditions.

How might the $50 million shelf prospectus affect BLMWF shareholders?

Depending on any future offering, shareholders could face dilution if new shares or securities are issued under the shelf.