Nanostruck Advancing in Onsite Effluent Treatment

Nanostruck Acquisition to Accelerate the Commercialisation of Its Technology for the Recovery of Precious Metals from Mining Ores and Tailings

NanoStruck Technologies Inc. is still in active discussions to acquire a technology business (please seeJuly 15, 2014 news release) that will be transformative for the Company.Upon completion of the accretive acquisition, the Company will be able to consolidate financial results of the two companies. The target business has had annual revenue of between $4.23 million and $7.03 million, with a pre-tax profit between $0.46 million and $1.21 million for the years 2011-2013.

Bundeep Singh Rangar, Chairman and CEO of the Company states: "We have been working closely with the technology company and are targeting a close of the transaction in the 1stQuarter of 2015. Via the acquisition, NanoStruck will realize its strategic goals of growing revenue, increasing technology prowess and expansion into new markets. The combined teams and technologies will result in formidable water treatment, minerals and mine tailings processing technologies being offered in key target markets. The Company will be able to accelerate the commercialisation of its technology for the recovery of precious metals from mining ores and tailings. The target business has a suite of Intellectual Property, in both its patents and knowhow that is used to develop proprietary technologies. The combined companies can further unlock the potential value of these technologies."

NanoStruck submitted a design and quotation to Bacardi Mexico for a treatment facility and co-generation system to treat the vinasse effluent from Bacardi's La Galarza rum distillery, south of Mexico City. The system is designed to both treat the plant effluent to meet Semarnat (Mexican Secretariat of Environment and Natural Resources) standards and provide a Return on Investment to Bacardi in the form of sellable electricity and fertiliser produced as by-products of the plant. Bacardi has provided specific feedback on the original design supplied by NanoStruck and the Company is in the process of re-designing parts of the system to meet Bacardi's specifications.

NanoStruck is collaborating with WRAIN (Water Research and Innovation Network) based in thetheKawartha Lakesregion of south-easternOntario,inCanadato combine its proprietary nano filter technology with established water treatment circuits to produce anon site demonstration unit to treat effluent water from a standard gas station based car wash. The water will be reused by the car wash, in a closed loop system with the unit designed to be easily replicated for a roll out to the wider gas station market.

NanoStruck will also combine its proprietary nano filter technology with established water treatment circuits to produce an on site unit that treats effluent water from a food manufacturing facility. The unit will produce salable by products, including solid fertilizers, with the resulting treated water being available to recycle back for use within the factory. NanoStruck and WRAIN are also collaborating on the treatment of a sewage lagoon in Ontario. The Company will use its non-toxic, biosurfactant-based, bacterial growth enhancer, NanoGro to reduce the odours and meet the COA (Canada - Ontario Agreement) requirements for discharging wastewater to a stream/river. NanoStruck has designed the system and agreed on a performance criterion for a trial program.

Source: Baystreet

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• Treatment
• Waste Water Treatments