businesspress24.com - BioteQ Concludes Seasonal Water Treatment Operations at Minto
 

BioteQ Concludes Seasonal Water Treatment Operations at Minto

ID: 1125089

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/18/12 -- BioteQ Environmental Technologies Inc. (TSX: BQE), a leader in the treatment of industrial wastewater, has concluded seasonal water treatment operations at Minto Explorations Limited's Minto Mine, located in the Yukon. Water treatment operations at the site have been completed for the season, pending an amendment to Minto's water use licence that would enable the site to discharge treated water to the environment. Minto Explorations' application for an amendment is presently under review by the Yukon Water Board.

BioteQ's CEO, Jonathan Wilkinson, commented, "The treatment season at Minto has been shorter than expected. BioteQ will recognize revenue for labour provided, and will earn fees based on minimum treatment guarantees."

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: 18.06.2012 - 06:30 Uhr
Sprache: Deutsch
News-ID 1125089
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