CALGARY, ALBERTA — (Marketwired) — 07/23/13 — Seair Inc. (TSX VENTURE: SDS) (“Seair” or the “Company”) reports that Mr. Richard Charron has resigned as President and Chief Executive Officer effective August 16 and as a member of the Board of Directors of Seair Inc. effective July 19, 2013. Mr. Charron is leaving for personal reasons, but will remain to assist the Company until August 16, 2013. Seair is grateful for the contribution that Mr. Charron has made toward re-organizing the company, streamlining its operations and dramatically reducing its debt level. Seair wishes Mr. Charron the best for him in his future endeavors.
Seair has filed its Q3 unaudited interim condensed consolidated financial statements and Management–s Discussion and Analysis (MD&A) for the quarter ended May 31, 2013. Interested parties may view or download copies of these documents from .
ABOUT SEAIR
Seair Inc. (TSX VENTURE: SDS) develops proprietary equipment that diffuses gases, such as oxygen, ozone and carbon dioxide, into liquids. Seair–s patented technologies can produce micron size bubbles which are more efficient than other diffusion technologies. The result is a stable condition, where gases remain in solution for extended periods of time, leading to increased productivity and lower operating costs. This, in turn, facilitates gas-based treatment of complex and challenging 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, efficient treatment of industrial ponds, mine dewatering, end-to-end sewage treatment for permanent residential communities and remote work camps, golf course irrigation and pond treatment. Parties interested in obtaining further information or receiving news releases and corporate documents from Seair may email such requests to or visit the Seair website at .
Seair is proud to be recognized as one of the Top 5 Cleantech companies in the TMX 2012 Venture 50.
Statement Regarding Forward Looking Information
This news release of Seair contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Seair–s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. Forward-looking statements in this document include statements regarding Seair–s expectations regarding the regulatory approval of the Offering, closing of the Offering and the use of proceeds from the Offering. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Seair–s expectations. Seair undertakes no obligation to update these forward-looking statements in the event that management–s beliefs, estimates or opinions, or other factors, should change.
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.
Contacts:
Seair Inc.
Ric Charron
CEO
780-477-7188