BQE Water Announces Appointment of Richard Hubbard to Board of Directors

VANCOUVER, BC, Aug. 9, 2024 /CNW/ - BQE Water Inc. (TSXV: BQE), a leader in the treatment and management of mine impacted waters, is pleased to announce the appointment of Mr. Richard Hubbard to the Board of Directors (the "Board"), effective August 6, 2024. Following the appointment of Mr. Hubbard, the Board will comprise of 6 directors, 4 of whom are independent according to the requirements of the TSX-V.

Peter Gleeson, Executive Chairman of BQE Water, commented "We are pleased to welcome Mr. Hubbard to our Board. Richard's extensive experience and success in global business will be invaluable to BQE as we expand our business and worldwide footprint. Richard has been a strong supporter of BQE Water over the years and his significant shareholdings align with our aim to build value for all shareholders of the Company."

Mr. Hubbard brings over 40 years of experience in commercial leadership, corporate finance, capital markets and investment banking. His success spans multiple industries, largely in mining, but also from French luxury goods, international wine distribution, consumer electronics, and healthcare.

About BQE Water
BQE Water is a service provider specializing in water treatment and management for metals mining, smelting and refining. We are helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise which enables more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in innovation and has developed unique intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA. 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.

Neither 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.

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.sedarplus.ca (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, 2023). 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.

SOURCE BQE Water Inc.

For further information please contact: BQE Water Inc., Suite 200 - 30 East 6th Avenue, Vancouver, BC Canada V5T 1J4; David Kratochvil, President & CEO, [email protected]; Heman Wong, CFO, [email protected]; Peter Gleeson, Executive Chairman, [email protected], 604 685 1243 or 1 800 537 3073