businesspress24.com - BioteQ Commences Eighth Season of Operations at Raglan
 

BioteQ Commences Eighth Season of Operations at Raglan

ID: 1118361

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/28/12 -- BioteQ Environmental Technologies Inc. (TSX: BQE), a leader in the treatment of industrial wastewater, has commenced its eighth season of water treatment operations at Xstrata Nickel's Raglan site, located in the Nunavik region of northern Quebec. BioteQ's ChemSulphide® plant treats surface water, applying ISO 14001 standards for environmental compliance that meet very strict water quality requirements, producing clean water for release to the environment.

BioteQ has a fee-based operating contract with Xstrata, and is responsible for operating the ChemSulphide® plant as well as the Spoon water treatment plant at the site. The contracts run to April 2014. It is anticipated that the ChemSulphide® plant will treat approximately 1 million cubic meters of water during the 2012 operating season, depending on the availability of water after the snow melt.

BioteQ Corporate Profile

BioteQ is an innovative clean technology leader in global industrial water treatment, serving the mining and energy markets. The company's proven technologies have been applied at sites around the world to recover dissolved metals and remove sulphate, producing clean water and eliminating residual waste. BioteQ is headquartered in Vancouver, Canada and trades on the TSX under the symbol BQE. Please visit our website at for additional information.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Certain information contained herein may not be based on historical fact and therefore constitutes "forward-looking information" under applicable Canadian securities legislation. This includes without limitation statements containing the words "plan", "expect", "project", "estimate", "intend", "believe", "anticipate", "may", "will" and other similar words or expressions. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks, uncertainties and other factors that may cause actual events or results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the Company's dependence on key personnel and contracts, uncertainty with respect to the profitability of the Company's technologies, competition, technology risk, the Company's ability to protect its intellectual property and proprietary information, fluctuations in commodity prices, currency risk, environmental regulation and the Company's ability to manage growth and other factors described in the Company's filings with the Canadian securities regulators at (including without limitation the factors described in the section entitled "Risks and Uncertainties" in the Company's Annual Report for the year ended December 31, 2011 and the section entitled "Risk Factors" in the Company's Annual Information Form for the year ended December 31, 2011). Given these risks and uncertainties, the reader is cautioned not to place undue reliance on forward-looking statements. All forward-looking information contained herein is based on management's current expectations and the Company undertakes no obligation to revise or update such forward-looking information to reflect subsequent events or circumstances, except as required by law.





The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.



Contacts:
BioteQ Environmental Technologies Inc.
Tanja McQueen
VP Corporate Development
604-685-1243 or 1-800-537-3073
604-685-7778 (FAX)


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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 28.05.2012 - 15:00 Uhr
Sprache: Deutsch
News-ID 1118361
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