Seair Announces Update on Issuance of Shares for Debt
April 24 2014 - 5:57PM
Marketwired
Seair Announces Update on Issuance of Shares for Debt
CALGARY, ALBERTA--(Marketwired - Apr 24, 2014) - Seair Inc.
(TSX-VENTURE:SDS) ("Seair" or the "Company") announces they have
received approval from the TSX Venture Exchange for the previously
announced issuance of an aggregate of 246,903 common shares of the
Company to a former officer of the Company in exchange for
satisfying severance obligations totaling $49,380.60. The shares
have been issued and the debt has been extinguished.
ABOUT SEAIR
Seair Inc. develops proprietary technology and equipment that
diffuses gases, such as oxygen, ozone and carbon dioxide, into
liquids. 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. The process facilitates gas-based treatment of complex and
challenging industrial wastewater and allows Seair to provide full
water reuse and closed loop systems.
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. Seair is also working on a project
for industrial emissions treatment. Parties interested in obtaining
further information or receiving news releases and corporate
documents from Seair may email such requests to info@seair.ca or
visit the Seair website at www.seair.ca.
Seair is proud to be recognized as one of the Top 5 Cleantech
companies in the TMX 2012 Venture 50.
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 news
release.
Seair Inc.Jim LairdCFO780-477-7188info@Seair.cawww.seair.ca