VANCOUVER, BC – BioteQ Environmental Technologies, Inc. (TSX-V : BQE), a leader in the treatment of mine impacted water, today reported that all nominees listed in the management proxy circular dated May 11, 2016 were elected as directors of BioteQ at its Annual General Meeting (AGM) of shareholders held on June 21, 2016.
According to the proxies, a total of 6,035,230 common shares were voted at the meeting, representing 6.42% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business, including the election of all director nominees as follows:
|George W. Poling||5,099,634||98.50||77,510||1.50|
|Clement A. Pelletier||5,099,634||98.50||77,510||1.50|
|Christopher A. Fleming||5,007,234||96.72||169,910||3.28|
|Ronald L. Sifton||5,014,734||96.86||162,410||3.14|
The directors were elected to hold office until the next AGM or until their successors are elected or appointed. The directors have appointed George W. Poling as Chair of the Board for the upcoming year. Detailed voting results for the meeting are available on SEDAR at www.sedar.com.
BioteQ Corporate Profile
BioteQ is a service provider that specializes in treating mining wastewater and specific hydrometallurgical streams with the focus on reducing Life Cycle Costs while achieving compliance and introducing sustainability into water management. We have extensive expertise and operations experience in sulphide precipitation, ion exchange, alkali/lime neutralization and SART process technologies. Over the past decade, BioteQ has designed and commissioned plants at mine sites for leading organizations including Glencore Canada, Freeport-McMoRan, Jiangxi Copper and the US EPA and is currently operating six plants under long-term contracts. These plants remove dissolved metals and sulphate to well below the required regulatory discharge limits while reducing or eliminating the production of waste sludge and/or recovering valuable metals from waste streams for sale which reduces the life cycle cost of water treatment. BioteQ is headquartered in Vancouver, Canada and trades on the TSX Venture Exchange under the symbol BQE. Please visit our website at www.bqewater.com for additional information.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
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 www.sedar.com (including without limitation the factors described in the section entitled “Risks and Uncertainties” in the Company’s MD&A for the year ended December 31, 2015). 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.