VANCOUVER, BC, Feb. 6, 2024
/CNW/ - BQE Water Inc. (TSXV: BQE), a leader in the treatment and
management of mine impacted waters, is pleased to announce that
Atrium Research Corporation ("Atrium") will be providing research
coverage of the Company.
Atrium is a Canadian company focused on providing institutional
quality research for underfollowed North American public equities.
One of Atrium's main areas of expertise is in the mining resource
sector, which will enable Atrium to analyze the Company's business
in the broader context of environmental, social and governance
mandates in the industry. Atrium's analysts, Nicholas Cortellucci and Ben Pirie have identified the Company as having
significant growth potential with its current suite of proven
technologies and service offerings. Atrium's research will be
disseminated through Bloomberg, FactSet, Capital IQ, Reuters, as
well as their own investor distribution lists. The initial
comprehensive report on the Company, including business operations,
financial performance, and competitive positioning, is expected to
be distributed by the end of Q1 2024.
Peter Gleeson, Executive Chairman
of BQE Water, commented "The initiation of research coverage by
Atrium is an important milestone for the Company and a signal that
our investor relations strategy is a priority. As a profitable
company with a strong balance sheet and many long-term
shareholders, including insiders, we have struggled to get the
attention of conventional investment banks. We are thrilled that
Atrium's research will help disseminate high quality information
about BQE Water to new investors and increase awareness about who
we are and the important and successful work we've been doing in
the mining industry."
About BQE Water
BQE Water is a service provider
specializing in water treatment and management for metals mining,
smelting and refining. We are helping to transform the way the
industry thinks about water in the context of natural resource
projects by offering services and expertise which enables more
sustainable water management practices and improved overall project
performance at reduced risks. BQE Water invests in innovation and
has developed unique intellectual property through the
commercialization of several new technologies at mine sites around
the world for organizations including Glencore, Jiangxi Copper,
Freeport-McMoRan and the US EPA. BQE Water is headquartered in
Vancouver, Canada and trades on
the TSX Venture Exchange under the symbol BQE. Visit
www.bqewater.com for more information.
The Toronto 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.sedarplus.ca
(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, 2022).
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.
SOURCE BQE Water Inc.