SproutNews logo

Seair Inc. Announces Q1 FY2016 Results

CALGARY, AB / ACCESSWIRE / January 29, 2016 / Seair Inc. (TSXV: SDS) (“Seair” or the “Corporation”) announced that it has filed its financial statements and Management’s Discussion and Analysis for the quarter ended November 30, 2015. Interested parties may view or download copies of these documents from www.SEDAR.com.

About Seair Inc.

The Company is a water technology corporation active at the heart of water-energy nexus that provides proprietary diffusion technology with global applications in several industry sectors, including oil & gas, mining, municipal and industrial wastewater applications. The key proprietary technology of the company solves critical oil-water separation (de-oiling) cost-effectively for oil producers. Seair has commercialized proprietary technology that can diffuse gases, such as oxygen, ozone and carbon dioxide, into liquids more effectively and with lower power consumption than the competition. Seair’s patented technologies can produce micron size bubbles that are more efficient than other diffusion technologies because the diffused gases remain in solution for extended periods of time, leading to increased productivity and lower operating costs. Seair has been working with customers in the Oil and Gas industry for over five years. Seair applications include oil sands SAGD water solutions, frac and produced water treatment, industrial ponds treatment, mine dewatering/treatment, end-to-end sewage treatment for permanent residential communities and remote work camps, golf course irrigation and pond treatment and most recently, industrial emissions treatment. Parties interested in obtaining further information or receiving news releases and corporate documents from Seair may email such requests to info@seairinc.com or visit the Seair website at www.seairinc.com.

Statement Regarding Forward-Looking Information

This news release of Seair contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Seair’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. Forward-looking statements in this document include statements regarding Seair’s expectations regarding the regulatory approval of the issuance of Common Shares in satisfaction of interest payable on the Debentures and the timing of the delivery of such Common Shares. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Seair’s expectations. Seair undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

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.

Contact Information:

Seair Inc.
Jim Laird, CFO
info@seairinc.com

SOURCE: Seair Inc.

ReleaseID: 436186

Go Top