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BQE Water Board of Director Changes

Tickers: XTSX:BQE, PINX:BTQNF
Tags: Environment



VANCOUVER, BC / TheNewswire / August 15, 2018 - BQE Water Inc. (TSX-V: BQE), a leader in the treatment and management of mine impacted waters, has made changes to its Board of Directors effective August 14, 2018. The changes will see Mr. George Poling, the Director and Chairman of the Board retiring, Mr. Rob Henderson joining the Board and Mr. Peter Gleeson re-elected as the Executive Chairman, succeeding Mr. Poling as Chairman of the Board.

Mr. Poling has served the Company as Director since its inception and brought significant expertise and knowledge in advancing BQE Water to where it is today. He served as Chairman of the Board for numerous years and is one of Canada's leading experts in mineral processing and environmental management of mining operations. Mr. Poling made the decision to retire from the Board to spend more time with family and friends.

Mr. Henderson is currently President & CEO of Amerigo Resources Ltd, a company focused on capturing value from the reprocessing of tailings which enhances sustainability in the mining sector. He is a professional engineer with close to 30 years of international experience operating, building and acquiring mineral properties. He has worked in mine operations for Kinross Gold Corporation, Rand Mines and DeBeers, and with SNC Lavalin and Hatch delivering engineering services to international mining clients.

"We are grateful to George for his outstanding service and dedicated leadership that he provided to the Board all these years and wish him the very best on his well-earned retirement," stated David Kratochvil, President & CEO of BQE Water. "We welcome Rob to the Board and are excited about being able to work with someone of his caliber. One of the criteria that we set for new Board members is their active involvement in driving positive changes in the mining industry. Rob fits that profile and brings a wealth of knowledge and experience that will help us grow shareholder value."

About BQE Water

BQE Water is a service provider specializing in water treatment and management for the mining and metallurgical industry. We focus on reducing Life Cycle Costs through solutions that reduce risks and long-term environmental liabilities while introducing sustainability into the overall water management plan. We have extensive expertise in the removal, recovery, and/or recycle of a broad range of metals, sulphate, selenium, cyanide, ammonia and other nitrogen species. BQE Water has commercialized several water treatment technologies and built plants at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA. We also provide plant operation and maintenance services and currently operate several plants under long-term contract. 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.

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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.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, 2017). 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.

For further information please contact:

BQE Water Inc.

Suite 250 - 900 Howe Street

Vancouver BC Canada V6Z 2M4

David Kratochvil, President & CEO

dkratochvil@bqewater.com

Wylie Hui, CFO

whui@bqewater.com

604-685-1243 or 1-800-537-3073

Copyright (c) 2018 TheNewswire - All rights reserved.

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