BluMetric Environmental Inc. Closes Public Offering of Common Shares for Gross Proceeds of Approximately $15 Million
Counsel to the Agents with respect to BluMetric Environmental Inc.'s completed "best efforts" public offering for gross proceeds of $14,999,999.30
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On December 9, 2025, BluMetric Environmental Inc. (“BluMetric”) completed a “best efforts” public offering for gross proceeds of $14,999,999.30. BluMetric issued 11,538,461 common shares at a price of $1.30 per share. The offering was conducted by Clarus Securities Inc. and Raymond James Ltd., as co-lead agents and co-bookrunners (the “Agents”).
Proceeds from the offering will be used to fund a portion of the purchase price of BluMetric’s acquisition of DS Consultants Ltd. and for working capital and general corporate purposes.
BluMetric is a Canadian firm specializing in environmental consulting and water technology, offering services in environmental geosciences, engineering, water and wastewater treatment, and health and safety.
Miller Thomson advised the Agents with a team comprised of Andrew Powers, Jeffrey Gebert, Sam Kelley and Raquel Moses (Capital Markets/Securities), Kathryn Walker (Tax), along with the assistance of Kobi Rosoph and Jacqueline Rinjtema (Articling Students).