Ottawa, Ontario--(Newsfile Corp. - February 19, 2026) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, announced that it will release financial results for the first fiscal quarter ended December 31, 2025, after market close on February 25, 2026.BluMetric to Host Investor Conference CallBluMetric will host a conference call on Thursday, February 26, 2026, at 9:00 AM ET (6:00 AM PT) to discuss t ...

Core Viewpoint - BluMetric Environmental Inc. has entered into a definitive share purchase agreement to acquire DS Consultants Inc. for a total consideration of up to $22.5 million, enhancing its engineering and environmental consulting capabilities in the Greater Toronto Area [1][2][4]. Acquisition Details - The acquisition will be financed through an initial cash payment of $10.5 million, issuance of $7.5 million in common shares, and a cash-based earnout of up to $1.5 million annually over three years, contingent on achieving specific EBITDA targets [2][4]. - The total assets of DS Consultants must be at least $4 million net of liabilities for the purchase price to be valid [2]. - DS Consultants employs approximately 155 full-time employees and provides various engineering consulting services [3][4]. Strategic Importance - The acquisition is expected to enhance BluMetric's expertise and strengthen its market position, particularly in water technology and environmental solutions [4]. - The CEO emphasized that the acquisition will create growth opportunities by combining BluMetric's strengths in natural environment solutions with DS Consultants' reputation in the built environment [4]. Equity Offering - BluMetric has initiated an equity offering to raise up to $15 million by selling up to 11,538,461 common shares at a price of $1.30 per share [5][6]. - The offering is expected to close around December 9, 2025, subject to regulatory approvals [6]. - Proceeds from the offering will be used to fund the cash portion of the acquisition and for general corporate purposes [6]. Agents and Fees - Clarus Securities Inc. and Raymond James Ltd. are acting as co-agents for the offering, with a cash fee of 6% of the gross proceeds and broker warrants equal to 6% of the shares issued [9]. - An option for the agents to purchase an additional 1,730,769 shares is also included to cover over-allotments [7]. Company Overview - BluMetric Environmental Inc. is a publicly traded firm specializing in water technology and environmental engineering, with over 230 employees across 11 offices and 3 manufacturing facilities [12][13]. - The company has a history of over 50 years and serves various sectors including commercial, industrial, government, military, and mining clients [12][13].