NanoStruck Announces Completion of Trial Period With Food Specialties
(firmenpresse) -
NanoStruck Announces Completion of Trial Period With Food Specialties
November 13, 2013 - VANCOUVER, Canada – NanoStruck Technologies Inc.(the “Company”) (CNSX:NSK) (OTCQX: NSKTF) (Frankfurt: 8NSK) announces completion of a trial period with Food Specialties, a Canadian company specializing in the formulation and development of frozen dessert products and flavorings.
Food Specialties were notified by the Ontario Ministry of Food and Agriculture as well as the Municipality of Peel Region in the Greater Toronto area, for exceeding the provincial and municipal levels for acceptable wastewater discharge limits. Specific testing discovered elevated levels of BOD (Biological Oxygen Demand) and TSS (Total Suspended Solids).
NanoStruck engineering and scientific teams investigated the issue and employed internal and external lab testing on the water samples provided by Food Specialties. Once the lab analysis results were confirmed, NanoStruck discovered that the water contained 10 times the authorized contaminants in their wastewater discharge.
NanoStruck designed and installed a water remediation plant that met the specific environmental and CAPEX requirements of Food Specialties. It has now successfully treated more than 200,000 liters of water.
Russell Morley, President of Food Specialties said: “Thank you NanoStruck. We are very pleased with the results of your work. We have graduated, guided by your knowledge, from a primitive wastewater treatment system to one that exceeds our expectations. You showed us how to use most of the equipment we had already installed with a small addition which you built just to meet our needs. The improvement has been wonderful. We know the municipality is still monitoring our effluent regularly, but we have received no more notifications from them.”
Bundeep Singh Rangar, CEO and Chairman of the Board said: “We have met and exceeded our customer’s needs and expectations, which is a real success for NanoStruck.”
About the Company
NanoStruck Technologies Inc. is a water remediation company with a suite of patented technologies and proprietary nano-biotechnology that provides environmentally safe solutions for water purification, restoration and contamination issues. The Company uses the EPA guidelines as a benchmark for what constitutes safe agricultural or drinkable water, and tailors these guidelines to those standards that are acceptable in the jurisdiction in which the technology is used. Additionally, the Company’s technology can be used to recover heavy and precious metals from mine tailings.
The first water treatment facility began operating on January 14, 2012 in Mexico. It has been successfully removing leachate from water in a landfill and producing clean water certified by Conagua, the federal water commission of Mexico.
In addition, the Company has a patent pending technology that recovers precious metals contained in tailings. At the end of the process, the water is remediated and can be reused.
The Company’s current business model is based on entering into long term agreements (plant installation and operating agreements) with clients pursuant to which the Company funds the capital costs of building and installing its treatment plants. Pursuant to a plant installation and operating agreement, the client pays the Company a negotiated dollar value per cubic meter of treated water with a negotiated guaranteed minimum number of cubic meters to be treated per annum.
The Company also holds a 100% undivided interest in the Holy Cross Property, which consists of a single mineral exploration tenure covering 2,005 hectares within the Omineca Mining Division of north central British Columbia.
On behalf of the Board of Directors:
Raj Kurichh, Chief Marketing Officer
T:(905) 813-0900
E:info(at)nanostruck.com
W:www.nanostruck.com
NEITHER THE CANADIAN NATIONAL STOCK EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER HAS REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
FORWARD LOOKING INFORMATION
This press release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Statements relating to "reserves" or "resources" are deemed to be forward-looking statements because they involve the implied assessment, based on certain estimates and assumptions that the resources and reserves described can be profitably produced in the future.
Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s Management’s Discussion and Analysis for the nine months ended June 30, 2013 and filed on August 29, 2013 and for the year ended September 30, 2012 and filed on January 23, 2013 under the Company’s profile on www.sedar.com.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME.
Leseranfragen:
NanoStruck Technologies Inc.
Ehem. Blue Gold Water Technologies
804 - 750 Pender Street West,
Vancouver, BC V6C 2T7
Kanada
Thomas Kennedy, CEO
Tel: +1 (604) 682-2928
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Datum: 13.11.2013 - 10:48 Uhr
Sprache: Deutsch
News-ID 315786
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