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Seair Announces Update on Issuance of Shares for Debt

Marketwired

CALGARY, ALBERTA--(Marketwired - Apr 24, 2014) - Seair Inc. (TSX VENTURE:SDS) ("Seair" or the "Company") announces they have received approval from the TSX Venture Exchange for the previously announced issuance of an aggregate of 246,903 common shares of the Company to a former officer of the Company in exchange for satisfying severance obligations totaling $49,380.60. The shares have been issued and the debt has been extinguished.

ABOUT SEAIR

Seair Inc. develops proprietary technology and equipment that diffuses gases, such as oxygen, ozone and carbon dioxide, into liquids. Seair's patented technologies can produce micron size bubbles that are more efficient than other diffusion technologies because the diffused gases remain in solution for extended periods of time, leading to increased productivity and lower operating costs. The process facilitates gas-based treatment of complex and challenging industrial 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, industrial ponds treatment, mine dewatering/treatment, end-to-end sewage treatment for permanent residential communities and remote work camps, golf course irrigation and pond treatment. Seair is also working on a project for industrial emissions treatment. Parties interested in obtaining further information or receiving news releases and corporate documents from Seair may email such requests to info@seair.ca or visit the Seair website at www.seair.ca.

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Seair is proud to be recognized as one of the Top 5 Cleantech companies in the TMX 2012 Venture 50.

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.