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	<title>Seprotech - English</title>
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		<title>WESA AND SEPROTECH ANNOUNCE LETTER OF INTENT FOR PROPOSED MERGER</title>
		<link>http://www.seprotech.com/blog/2012/05/02/wesa-and-seprotech-announce-letter-of-intent-for-proposed-merger/</link>
		<comments>http://www.seprotech.com/blog/2012/05/02/wesa-and-seprotech-announce-letter-of-intent-for-proposed-merger/#comments</comments>
		<pubDate>Wed, 02 May 2012 16:02:05 +0000</pubDate>
		<dc:creator>seprotech_admin</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Press Releases]]></category>

		<guid isPermaLink="false">http://www.seprotech.com/blog/?p=110634341</guid>
		<description><![CDATA[Ottawa, Ontario – May 2, 2012 – Seprotech Systems Incorporated (TSX.V: SET; “Seprotech”) and WESA Group Inc. (“WESA”) today announced that they have entered into a&#160;&#160;&#160;<a style="text-decoration: none;" href="http://www.seprotech.com/blog/2012/05/02/wesa-and-seprotech-announce-letter-of-intent-for-proposed-merger/">Read More ></a>]]></description>
			<content:encoded><![CDATA[<p>Ottawa, Ontario – May 2, 2012 – Seprotech Systems Incorporated (TSX.V: SET; “Seprotech”) and WESA Group Inc. (“WESA”) today announced that they have entered into a non-binding letter of intent under which Seprotech will acquire 100% of privately-held WESA in a reverse takeover (the “Transaction”). Upon completion of the Transaction, the combined entity (the “Resulting Issuer”) is expected to be a leading provider of earth sciences, water resources and environmental engineering services, and wastewater/water treatment systems. The intent is to build an integrated Product and Service organization that provides intelligent solutions to complex environmental problems both in Canada and abroad.</p>
<p>According to Seprotech&#8217;s CEO, Harry Marshall, &#8220;this combination takes Seprotech immediately to a new level of capabilities – financial, technical and customer reach. WESA&#8217;s size and revenue base will provide financial strength, their network of offices and extensive client base will provide a new platform for enhancing our visibility in the marketplace, and their team of some 125 engineering, professional and project staff will provide welcome support to our technical and project management team.&#8221;</p>
<p>WESA&#8217;s CEO, Roger Woeller stated, &#8220;the synergy between the two companies is striking – each company has personnel who have previously worked at the other, we share similar customer sectors from mining to land developers to municipalities, our geographic reaches are similar and we are already collaborating on a number of projects together. Combined, we are able to provide our clients with a much broader spectrum of professional services and complete systems to solve their problems. We see Seprotech&#8217;s public company status and their current base of business in the water industry as a platform for much more rapid growth than we otherwise could have achieved alone.”</p>
<p>CEO of the Resulting Issuer, William Touzel explained that: &#8220;our plan is to operate in two distinct divisions. We will combine the operations of our WESAtech subsidiary, which was previously run by Harry Marshall, who is now CEO of Seprotech, into Seprotech&#8217;s operation to form a unified technology systems division, and WESA&#8217;s environmental consulting division will continue to provide independent professional services to our clients.&#8221;</p>
<p><strong>Information Concerning WESA</strong></p>
<p>WESA was founded in 1978 under the laws of Ontario. WESA is a professional services company focussed on environmental earth sciences, water resources, waste management, occupational health, safety and hygiene and renewable energy needs of industry and all levels of government. WESAtech, a wholly-owned subsidiary, supplies turn-key water treatment systems to industry, and in particular the mining sector. More information can be obtained at <a href="http://www.wesa.ca/">www.wesa.ca</a></p>
<p><strong>Selected WESA Financial Information (000s &#8211; Unaudited)</strong></p>
<table border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="160" valign="top"> </td>
<td width="112" valign="top"><strong>2011</strong></td>
<td width="114" valign="top"><strong>2010</strong></td>
<td width="114" valign="top"><strong>2009</strong></td>
</tr>
<tr>
<td width="160">Revenue</td>
<td width="112">$22,554</td>
<td width="114">$20,417</td>
<td width="114">$22,649</td>
</tr>
<tr>
<td width="160">Gross Margin</td>
<td width="112">$4,464</td>
<td width="114">$4,496</td>
<td width="114">$4,437</td>
</tr>
<tr>
<td width="160">Operating Income</td>
<td width="112">$1,108</td>
<td width="114">$1,359</td>
<td width="114">$1,260</td>
</tr>
<tr>
<td width="160">Net Income</td>
<td width="112">$157</td>
<td width="114">$230</td>
<td width="114">$566</td>
</tr>
<tr>
<td width="160">Total Assets</td>
<td width="112">$12,447</td>
<td width="114">$13,207</td>
<td width="114">$11,492</td>
</tr>
<tr>
<td width="160">Total Liabilities</td>
<td width="112">$6,829</td>
<td width="114">$7,883</td>
<td width="114">$6,445</td>
</tr>
<tr>
<td width="160">Shareholder Equity</td>
<td width="112">$5,480</td>
<td width="114">$5,199</td>
<td width="114">$4,969</td>
</tr>
</tbody>
</table>
<p> </p>
<p><strong>WESA Insiders</strong></p>
<table border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="185"><strong>Name</strong></td>
<td width="213"><strong>Capacity</strong></td>
<td width="99"><strong>Residence</strong></td>
</tr>
<tr>
<td width="185">Roger M. Woeller</td>
<td width="213">CEO, Director</td>
<td width="99">Ontario</td>
</tr>
<tr>
<td width="185">William M. Touzel</td>
<td width="213">President, CFO &amp; Director</td>
<td width="99">Ontario</td>
</tr>
<tr>
<td width="185">Harry J. Marshall</td>
<td width="213">Director</td>
<td width="99">Ontario</td>
</tr>
<tr>
<td width="185">Wayne L. Ingham</td>
<td width="213">Director</td>
<td width="99">Ontario</td>
</tr>
<tr>
<td width="185">Francois A. Richard</td>
<td width="213">Director</td>
<td width="99">Quebec</td>
</tr>
<tr>
<td width="185">Andre Y. D’Astous</td>
<td width="213">Director</td>
<td width="99">Quebec</td>
</tr>
<tr>
<td width="185">C. Ronald Donaldson</td>
<td width="213">Director</td>
<td width="99">Ontario</td>
</tr>
<tr>
<td width="185">Nell van Walsum</td>
<td width="213">Director</td>
<td width="99">Quebec</td>
</tr>
<tr>
<td width="185">David W. Hopper</td>
<td width="213">Director</td>
<td width="99">Ontario</td>
</tr>
</tbody>
</table>
<p><strong><em> </em></strong></p>
<p><strong>10% Shareholders</strong></p>
<p>Roger M. Woeller and spouse beneficially own approximately 20.9% of WESA; C. Ronald Donaldson and spouse beneficially own approximately 12.54% of WESA, and Nell van Walsum and Andre Y. D’Astous beneficially own approximately 12.54% of WESA.</p>
<p><strong>Existing Relationships</strong></p>
<p>William B. Touzel, a Director of Seprotech, is also President of WESA, and is beneficial owner of 52,500 common shares of WESA, representing approximately 8.6% of the issued and outstanding common shares.</p>
<p>Harry J. Marshall, a director and officer of Seprotech, is a director of WESA, but does not own any shares of WESA.</p>
<p><strong>Transaction Summary</strong></p>
<p>The Transaction is an arm’s length transaction and will constitute a reverse-takeover pursuant to the policies of the TSX Venture Exchange (“TSX.V”). Completion of the Transaction (“Closing”) is subject to the entering into by Seprotech and WESA of a definitive share exchange agreement, and to several conditions, including, but not limited to the approval of a simple majority of Seprotech shareholders. Seprotech intends to convene a special meeting of shareholders (the “Meeting”) to seek such shareholder approval as soon as possible following the signing of a definitive share exchange agreement and receipt of all required TSX.V approvals. The other conditions are summarized below.</p>
<p>Seprotech currently has issued and outstanding 62,921,926 common shares, and 6,230,000 options to purchase Seprotech common shares, at prices ranging between $0.10 and $0.26 per share.</p>
<p>At the Meeting, Seprotech also intends to seek the approval of its shareholders to consolidate its common shares on a 1 for 10 basis (the “Consolidation”). Assuming completion of the Consolidation, Seprotech would have issued and outstanding, immediately prior to Closing (i) 6,292,193 post-consolidation Seprotech common shares and (ii) options to purchase 623,000 common shares, each exercisable at a price of from $1.00 &#8211; $2.60 per share.</p>
<p>It is currently contemplated that the Transaction will be completed by way of a share exchange agreement pursuant to which Seprotech will acquire all of the issued and outstanding shares of WESA in consideration for the issuance to WESA of 14,157,433 post-consolidation shares of Seprotech, each at a deemed value of approx. $0.664 per share for aggregate consideration of $9,400,000. Upon Closing, WESA will become a wholly-owned subsidiary of Seprotech and WESA will control approximately 69.23 % of the Seprotech common shares of the Resulting Issuer.</p>
<p>Pursuant to the LOI, WESA has agreed to provide to Seprotech a secured credit facility of up to $2,000,000 to be available at the sole discretion of WESA upon the approval of the TSX.V and completion of documentation.</p>
<p><strong>Management and Board of Directors of Resulting Issuer</strong></p>
<p>Effective upon Closing, the board of directors of the Resulting Issuer will consist of five members, comprising the CEO, one to be nominated by each of WESA and Seprotech, and two independent directors to be jointly nominated.</p>
<p>The Chief Executive Officer of the Resulting Issuer will be William M. Touzel, who is presently President of WESA; the Chief Financial Officer will be Ian. W. Malone, presently Chief Financial Officer of Seprotech. The other senior management of both companies will continue to play active roles in the combined entity.</p>
<p><strong>Conditions to the Transaction</strong></p>
<p>The proposed Transaction is subject to a number of terms and conditions including the parties entering into a definitive agreement with respect to the Transaction (such agreement to include representations, warranties, conditions and covenants typical for a transaction of this type), the completion of satisfactory due diligence investigations, the approval of the directors and shareholders of each of Seprotech and WESA,  the approval of the TSX.V and other relevant  regulatory authorities, and various other customary conditions that must be satisfied prior to closing, which is expected to take place no later than August 31, 2012.</p>
<p>Seprotech also advises that its debenture in a principal amount of $705,000 matured on April 30, 2012. In light of the proposed Transaction, the Company will ask its debenture holders to agree to the conversion of 50% of the debenture to common shares of the Company at a deemed (pre-consolidation) price of $0.10 per share, subject to the approval of the TSX.V; and to the repayment over 12 months of the remaining 50% of the debenture in equal monthly payments commencing May 15, 2012. It is expected that this, or a comparable arrangement acceptable to both Seprotech and WESA, will be completed prior to completion of the proposed Transaction.</p>
<p><strong>Other Information</strong></p>
<p>Trading in Seprotech common shares will remain halted pending the satisfaction of all applicable requirements of the TSX.V. There can be no assurance that trading in Seprotech common shares will resume prior to the completion of the Transaction. Further details concerning the Transaction, WESA (including additional financial information) and other matters will be announced when a definitive agreement is reached.</p>
<p>Seprotech will engage a sponsor in connection with the Transaction if required in accordance with applicable TSX.V policies.</p>
<p><strong>About Seprotech</strong></p>
<p>Seprotech is a provider of engineered water and wastewater treatment solutions to the municipal/land development, resource sector and military market place, including Reverse Osmosis water purification systems, ROTORDISK® biological sewage treatment package plants and CrystalBlue™ membrane-based water recycling systems. More information can be obtained at <a href="http://www.seprotech.com/">www.seprotech.com</a></p>
<p><strong>Forward-looking Statements </strong></p>
<p>This news release contains certain “forward looking statements” within the meaning of applicable securities laws. Seprotech has made numerous assumptions regarding, among other things, the ability of Seprotech and WESA to satisfy all the closing conditions to complete the Transaction. Readers are cautioned that the plans, intentions or expectations disclosed in any forward-looking statements and underlying assumptions may not be achieved and that they should not place undue reliance on any forward-looking statement, each of which is expressly qualified in its entirety by this cautionary statement.</p>
<p>Although the Company believes that the expectations conveyed by the forward-looking information are reasonable based on information currently available to it, these statements are not guarantees and involve a number of risks, uncertainties and assumptions, both known and unknown. The results or events depicted in these forward-looking statements may differ materially from actual results or events. Many factors could cause results to differ materially from those stated including, but not limited to: the Transaction may not be completed upon the terms contemplated herein, or at all; the possibility of not satisfying all of the closing conditions to complete the Transaction; the possibility that Seprotech’s shareholders do not approve the Transaction at the special meeting of shareholders; difficulties or delays in obtaining regulatory approvals; the ability of WESA or Seprotech to retain existing customer contracts; risks related to integration of acquisitions; and the ability to retain and obtain qualified staff as well as various other factors which are discussed in Seprotech’s filings with applicable securities regulatory authorities at <a href="http://www.sedar.com/">www.sedar.com</a></p>
<p>Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, Seprotech disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.</p>
<p><em>All information contained in this press release relating to WESA was provided by WESA for inclusion herein. Seprotech has not independently verified such information and shall bear no liability for any misrepresentation contained herein.</em></p>
<p><em>Completion of the Transaction is subject to a number of conditions, including, but not limited to, acceptance by the TSX.V and disinterested shareholder approval. The Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all.</em></p>
<p><em>Investors are cautioned that, except as disclosed in the management information circular or filing statement, as applicable, of Seprotech to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of Seprotech should be considered to be highly speculative.</em></p>
<p><strong> </strong></p>
<p><strong>The TSX.V has in no way passed upon the merits of the proposed Tran<em>s</em>action, and neither TSX.V nor its Regulation Services Provider (as that term is defined in the policies of the TSX.V) accepts responsibility for the adequacy or accuracy of this release. The TSX.V has neither approved nor disapproved of the information contained herein. </strong></p>
<p>For Further Information, please contact:<br />
Mr. Ian W. Malone, CFO<br />
Tel: (613) 523-1641<br />
Fax: (613) 731-0851</p>
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		<title>SEPROTECH ANNOUNCES INCREASE OF $4.52M ON AVAILABLE FUNDS</title>
		<link>http://www.seprotech.com/blog/2012/04/13/seprotech-announces-increase-of-4-52m-on-available-funds/</link>
		<comments>http://www.seprotech.com/blog/2012/04/13/seprotech-announces-increase-of-4-52m-on-available-funds/#comments</comments>
		<pubDate>Fri, 13 Apr 2012 15:59:49 +0000</pubDate>
		<dc:creator>seprotech_admin</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Press Releases]]></category>

		<guid isPermaLink="false">http://www.seprotech.com/blog/?p=110634336</guid>
		<description><![CDATA[Ottawa, Ontario – April 13, 2012 – Seprotech Systems Inc. is pleased to announce that the Department of National Defence (DND) has increased the available and&#160;&#160;&#160;<a style="text-decoration: none;" href="http://www.seprotech.com/blog/2012/04/13/seprotech-announces-increase-of-4-52m-on-available-funds/">Read More ></a>]]></description>
			<content:encoded><![CDATA[<p>Ottawa, Ontario – April 13, 2012 – Seprotech Systems Inc. is pleased to announce that the Department of National Defence (DND) has increased the available and confirmed funding by $4.52 million under an existing contract (previously announced on June 24, 2011).</p>
<p>The contract is for repair and overhaul, engineering support and field service support for two classes of water purification systems owned and operated by DND. The increase of $4.52M combined with the unused budget for the 2011 FY (due to mid-year award of the contract) brings confirmed and immediately accessible funds to approximately $10.8M of the $14M total budgeted funds under the contract. Actual projects undertaken by Seprotech and expenditures related thereto are subject to DND approval.</p>
<p>The original term of the contract was for 2 years with three possible 1-year extensions estimated at $2.8M per year for an estimated total potential value over the five years of $14,000,000. While the overall maximum budget remains unchanged, the increased allocation significantly increases the potential activity which might now be directed to Seprotech over the near term.</p>
<p>“We are very pleased to have these additional funds allocated and confirmed much earlier in the contract and this clearly demonstrates the high degree of confidence that DND places in Seprotech” said Harry Marshall, President &amp; CEO of Seprotech. “Following a year in which the Canadian Forces have performed important water supply missions in various parts of the world the team at Seprotech is delighted that the high standard of work expected by the Canadian Military has been recognized.”</p>
<p>The final amount spent in any given year is at DND’s discretion and varies according to military needs. The contract provides the Canadian Forces with immediate response and support to their equipment requirements.</p>
<p><strong>About Seprotech:</strong></p>
<p>Seprotech is a provider of pre-engineered water and wastewater treatment solutions to the municipal/land development, resource sector and military market place, including Reverse Osmosis water purification systems, ROTORDISK® biological sewage treatment package plants and CrystalBlue™ membrane-based water recycling systems.</p>
<p><strong>For further information:</strong></p>
<p>Ian Malone, Chief Financial Officer</p>
<p>Tel: (613) 523-1641 x12</p>
<p>Fax: (613) 731-0851<em> </em></p>
<p>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. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Some of the statements in this press release, including those relating to the Company’s strategies and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.</p>
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		<title>SEPROTECH ANNOUNCES RESIGNATION OF PRESIDENT AND CHIEF OPERATING OFFICER</title>
		<link>http://www.seprotech.com/blog/2012/04/05/seprotech-announces-resignation-of-president-and-chief-operating-officer/</link>
		<comments>http://www.seprotech.com/blog/2012/04/05/seprotech-announces-resignation-of-president-and-chief-operating-officer/#comments</comments>
		<pubDate>Thu, 05 Apr 2012 15:53:30 +0000</pubDate>
		<dc:creator>seprotech_admin</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Press Releases]]></category>

		<guid isPermaLink="false">http://www.seprotech.com/blog/?p=110634332</guid>
		<description><![CDATA[Ottawa, Ontario – April 5th, 2012 – The Board of Directors of Seprotech Systems Incorporated (TSX-V: SET; “Seprotech” or the “Company”) today announced that Wilf Stefan&#160;&#160;&#160;<a style="text-decoration: none;" href="http://www.seprotech.com/blog/2012/04/05/seprotech-announces-resignation-of-president-and-chief-operating-officer/">Read More ></a>]]></description>
			<content:encoded><![CDATA[<p>Ottawa, Ontario – April 5<sup>th</sup>, 2012 – The Board of Directors of Seprotech Systems Incorporated (TSX-V: SET; “Seprotech” or the “Company”) today announced that Wilf Stefan has resigned from his position of President and Chief Operating Officer, effective April 30, 2012 and will pursue other interests.  Mr. Harry J. Marshall, CEO will also assume the title of President.</p>
<p>“Wilf has made a significant contribution to our Company through a challenging period and we wish him success in his future endeavours” said Harry Marshall, President and CEO.  Mr. Stefan will assist with a smooth transition prior to his departure.</p>
<p><strong>About Seprotech:</strong></p>
<p>Seprotech is a provider of pre-engineered water and wastewater treatment solutions to the municipal/land development, resource sector and military market place, including Reverse Osmosis water purification systems, ROTORDISK® biological sewage treatment package plants and CrystalBlue™ membrane-based water recycling systems.</p>
<p><strong> </strong></p>
<p><strong>For further information:</strong></p>
<p>Ian Malone, Chief Financial Officer</p>
<p>Tel: (613) 523-1641 x12</p>
<p>Fax: (613) 731-0851<em> </em></p>
<p><em>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. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.</em></p>
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		<title>SEPROTECH CLOSES Q2 WITH ADDITIONAL $2.1M IN NEW BOOKINGS</title>
		<link>http://www.seprotech.com/blog/2012/03/05/seprotech-closes-q2-with-additional-2-1m-in-new-bookings/</link>
		<comments>http://www.seprotech.com/blog/2012/03/05/seprotech-closes-q2-with-additional-2-1m-in-new-bookings/#comments</comments>
		<pubDate>Mon, 05 Mar 2012 15:51:40 +0000</pubDate>
		<dc:creator>seprotech_admin</dc:creator>
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		<guid isPermaLink="false">http://www.seprotech.com/blog/?p=110634328</guid>
		<description><![CDATA[Ottawa, Ontario – March 5th, 2012 – Seprotech Systems Incorporated (TSX-V: SET; “Seprotech” or the “Company”) is pleased to announce that it has booked six additional&#160;&#160;&#160;<a style="text-decoration: none;" href="http://www.seprotech.com/blog/2012/03/05/seprotech-closes-q2-with-additional-2-1m-in-new-bookings/">Read More ></a>]]></description>
			<content:encoded><![CDATA[<p>Ottawa, Ontario – March 5<sup>th</sup>, 2012 – Seprotech Systems Incorporated (TSX-V: SET; “Seprotech” or the “Company”) is pleased to announce that it has booked six additional new orders in the second quarter with an aggregate value of more than $2.1M.  The new bookings scheduled for delivery in the current fiscal year are in addition to any orders previously announced including the $4M project in the Middle East and the $14M military standing offer contract.</p>
<p>“The new projects cross the spectrum of our market segments and are a strong indicator of industry interest and the sales momentum generated by our growing team,” said Harry J. Marshall, newly appointed CEO of Seprotech. “We have increased our staff by over 50% since the beginning of this fiscal year to fill new orders and execute our growing backlog” continued Mr. Marshall.</p>
<p>“Our increasingly focused approach to sales involves targeting high-need vertical markets with product champions specialized in specific technologies who can convey to industry experts the competitive advantages of our treatment solutions,” continued Mr. Marshall.  “The turnaround plan begun more than a year ago by our Chairman, Jordan Grant, has provided a solid foundation for this quarter’s achievement.  With our growing and experienced team the right ingredients are in place to maintain this momentum,” concluded Mr. Marshall. </p>
<p>Given that mining is one of the Company’s strong vertical markets, Seprotech will attend the Prospectors’ and Developers Association of Canada conference in Toronto from March 4-7, 2012, at Booth 1250. </p>
<p><strong>About Seprotech:</strong></p>
<p>Seprotech is a provider of pre-engineered water and wastewater treatment solutions to the municipal/land development, resource sector and military market place, including Reverse Osmosis water purification systems, ROTORDISK® biological sewage treatment package plants and CrystalBlue™ membrane-based water recycling systems.</p>
<p><em>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. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.</em></p>
<p>Some of the statements in this press release, including those relating to the Company&#8217;s strategies and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as &#8220;expects&#8221;, &#8220;anticipates&#8221;, &#8220;intends&#8221;, &#8220;plans&#8221;, &#8220;believes&#8221;, &#8220;estimates&#8221; or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company&#8217;s expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.</p>
<p><strong>For further information:</strong></p>
<p>Ian Malone, Chief Financial Officer</p>
<p>Tel: (613) 523-1641 x12</p>
<p>Fax: (613) 731-0851<strong></strong></p>
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		<title>SEPROTECH ANNOUNCES FIRST QUARTER FISCAL 2012 RESULTS</title>
		<link>http://www.seprotech.com/blog/2012/03/01/seprotech-announces-first-quarter-fiscal-2012-results/</link>
		<comments>http://www.seprotech.com/blog/2012/03/01/seprotech-announces-first-quarter-fiscal-2012-results/#comments</comments>
		<pubDate>Thu, 01 Mar 2012 15:55:24 +0000</pubDate>
		<dc:creator>seprotech_admin</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Press Releases]]></category>

		<guid isPermaLink="false">http://www.seprotech.com/blog/?p=103720259</guid>
		<description><![CDATA[Seprotech Systems Incorporated (TSX-V: SET; “Seprotech” or the “Company”) announces the following unaudited results for the first quarter of fiscal 2012 with comparative unaudited results for&#160;&#160;&#160;<a style="text-decoration: none;" href="http://www.seprotech.com/blog/2012/03/01/seprotech-announces-first-quarter-fiscal-2012-results/">Read More ></a>]]></description>
			<content:encoded><![CDATA[<p>Seprotech Systems Incorporated (TSX-V: SET; “Seprotech” or the “Company”) announces the following unaudited results for the first quarter of fiscal 2012 with comparative unaudited results for the first quarter of fiscal 2011, and summary audited results for the fiscal year ended August 31, 2011.</p>
<table border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="128" valign="top"> </td>
<td colspan="2" width="255"><strong>Three Months Ended</strong><strong>November 30</strong></td>
<td colspan="2" width="255"><strong>Year Ended</strong><strong>August 31</strong></td>
</tr>
<tr>
<td width="128" valign="top"> </td>
<td width="128"><strong>2011</strong></td>
<td width="128" valign="top">2010</td>
<td width="128" valign="top"><strong>2011</strong></td>
<td width="128" valign="top">2010</td>
</tr>
<tr>
<td width="128" valign="top"> </td>
<td width="128" valign="top"><strong><span style="text-decoration: underline">$000</span></strong></td>
<td width="128" valign="top"><span style="text-decoration: underline">$000</span></td>
<td width="128" valign="top"><strong><span style="text-decoration: underline">$000</span></strong></td>
<td width="128" valign="top"><span style="text-decoration: underline">$000</span></td>
</tr>
<tr>
<td width="128" valign="top">Revenue</td>
<td width="128" valign="top"><strong>898</strong></td>
<td width="128" valign="top">1,024</td>
<td width="128" valign="top"><strong>3,089</strong></td>
<td width="128" valign="top">5,190</td>
</tr>
<tr>
<td width="128" valign="top">Gross Margin</td>
<td width="128" valign="top"><strong>302</strong></td>
<td width="128" valign="top">244</td>
<td width="128" valign="top"><strong>1,073</strong></td>
<td width="128" valign="top">2,056</td>
</tr>
<tr>
<td width="128" valign="top">Net Loss</td>
<td width="128" valign="top"><strong>(154)</strong></td>
<td width="128" valign="top">(219)</td>
<td width="128" valign="top"><strong>(1,254)</strong></td>
<td width="128" valign="top">(625)</td>
</tr>
<tr>
<td width="128" valign="top">Loss per share</td>
<td width="128" valign="top"><strong>(0.00)</strong></td>
<td width="128" valign="top">(0.01)</td>
<td width="128" valign="top"><strong>(0.02)</strong></td>
<td width="128" valign="top">(0.01)</td>
</tr>
</tbody>
</table>
<p> </p>
<p>While first quarter 2012 revenues declined slightly, margins improved on both a consolidated basis and on a product/service basis. The Company has continued its efforts to improve sales across all of its business groups, and is beginning to see progress reflected in its financial performance.</p>
<p>In Q1 2012 revenues from sales of water and wastewater systems increased to $462, which represents a significant improvement. Military contract revenues at $324 were lower, reflecting the Company being at a different phase under the new contract previously announced, as compared to the same period the previous year. Parts and service revenues were significantly lower than targeted, but margins remained satisfactory. Activity in this area has increased subsequent to quarter end.</p>
<p>Operating costs were lower than in each of the two prior quarters, but remain high in relation to reported revenues. This reflects the need to incur immediate additional compensation costs of new hires required to process significant new bookings of water, wastewater treatment and military business.</p>
<p>The net loss of $(154) is comparable with the prior quarter and is a significant improvement over the comparable quarter in FY 2011.</p>
<p><strong>About Seprotech</strong></p>
<p>Seprotech is a provider of pre-engineered water and wastewater treatment solutions to the municipal/land development, resource sector and military market place, including Reverse Osmosis water purification systems, ROTORDISK® biological sewage treatment package plants and CrystalBlue™ membrane-based water recycling systems.</p>
<p>For Further Information, please contact:<br />
Mr. Ian W. Malone, CFO<br />
Tel: (613) 523-1641<br />
Fax: (613) 731-0851</p>
<p>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. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Some of the statements in this press release, including those relating to the Company’s strategies and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.</p>
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		<title>SEPROTECH CONSORTIUM AWARDED MIDDLE-EAST CONTRACT VALUED AT $ 4 MILLION</title>
		<link>http://www.seprotech.com/blog/2012/01/19/seprotech-consortium-awarded-middle-east-contract-valued-at-4-million/</link>
		<comments>http://www.seprotech.com/blog/2012/01/19/seprotech-consortium-awarded-middle-east-contract-valued-at-4-million/#comments</comments>
		<pubDate>Thu, 19 Jan 2012 17:20:02 +0000</pubDate>
		<dc:creator>seprotech_admin</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Press Releases]]></category>

		<guid isPermaLink="false">http://www.seprotech.com/blog/?p=91611159</guid>
		<description><![CDATA[Seprotech Systems Incorporated (TSX.V: SET; “Seprotech” or the “Company”) is pleased to announce that a Canadian Consortium  lead by the Company and including WESA Group Inc.&#160;&#160;&#160;<a style="text-decoration: none;" href="http://www.seprotech.com/blog/2012/01/19/seprotech-consortium-awarded-middle-east-contract-valued-at-4-million/">Read More ></a>]]></description>
			<content:encoded><![CDATA[<p>Seprotech Systems Incorporated (TSX.V: SET; “Seprotech” or the “Company”) is pleased to announce that a Canadian Consortium  lead by the Company and including WESA Group Inc. of Ottawa, Ontario, has been awarded a contract in the Middle-East valued at approximately $ 4 Million CAD for environmental engineering and construction supervision services. The contract is for a Naturally Engineered Wastewater Treatment (NEWT) system at an industrial facility currently under construction for a bauxite mine and aluminum smelter in the Kingdom of Saudi Arabia.</p>
<p> The project is an ecological <a title="Wastewater treatment" href="http://en.wikipedia.org/wiki/Wastewater_treatment">wastewater treatment</a> system designed to mimic the cleansing functions of <a title="Wetlands" href="http://en.wikipedia.org/wiki/Wetlands">wetlands</a>. The process is based on fixed-film technology and the ecological functions of a natural tidal wetland “This is a very important project for Seprotech and represents our first contract in the Middle-East where water scarcity and conservation are paramount as they represent a major hurdle to economic growth,” said President &amp; CEO Harry Marshall.  “We have only been working with our new partner in Saudi Arabia for 3 months and this relationship is already bringing in excellent results.</p>
<p>The contract also reinforces new Management’s strategy to expand Seprotech’s technology reach through diverse processes and to concentrate on specific international partners with strong local presence, and with engineering capabilities complimentary to Seprotech’s,” continued Mr. Marshall.  “We look forward to expanding our presence and new contracts in The Kingdom of Saudi Arabia and the Middle-East as a whole over the coming year.”</p>
<p><strong>About Seprotech:</strong></p>
<p>Seprotech is a provider of engineered water and wastewater treatment solutions to the municipal/land development, resource sector and military market place, including Reverse Osmosis water purification systems, ROTORDISK® biological sewage treatment package plants and CrystalBlue™ membrane-based water recycling systems.</p>
<p>For Further Information, please contact:<br />
Mr. Ian W. Malone, CFO<br />
Tel: (613) 523-1641<br />
Fax: (613) 731-0851</p>
<p>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. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Some of the statements in this press release, including those relating to the Company’s strategies and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.</p>
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		<title>SEPROTECH ANNOUNCES 2011 FISCAL YEAR END  AND FOURTH QUARTER 2011 RESULTS</title>
		<link>http://www.seprotech.com/blog/2011/12/19/seprotech-announces-2011-fiscal-year-end-and-fourth-quarter-2011-results/</link>
		<comments>http://www.seprotech.com/blog/2011/12/19/seprotech-announces-2011-fiscal-year-end-and-fourth-quarter-2011-results/#comments</comments>
		<pubDate>Mon, 19 Dec 2011 14:30:53 +0000</pubDate>
		<dc:creator>seprotech_admin</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Press Releases]]></category>

		<guid isPermaLink="false">http://www.seprotech.com/blog/?p=83405695</guid>
		<description><![CDATA[SEPROTECH SYSTEMS INCORPORATED NEWS RELEASE Canadian Timely Disclosure Pack – For Release 16th of December, 2011 SEPROTECH ANNOUNCES 2011 FISCAL YEAR END AND FOURTH QUARTER 2011&#160;&#160;&#160;<a style="text-decoration: none;" href="http://www.seprotech.com/blog/2011/12/19/seprotech-announces-2011-fiscal-year-end-and-fourth-quarter-2011-results/">Read More ></a>]]></description>
			<content:encoded><![CDATA[<p><strong>SEPROTECH SYSTEMS INCORPORATED</strong></p>
<p><strong>NEWS RELEASE</strong></p>
<p>Canadian Timely Disclosure Pack – For Release 16<sup>th</sup> of December, 2011</p>
<p><strong>SEPROTECH ANNOUNCES 2011 FISCAL YEAR END </strong></p>
<p><strong>AND FOURTH QUARTER 2011 RESULTS </strong></p>
<p>Seprotech Systems Incorporated (TSX-V: SET; “Seprotech” or the “Company”) announces the following unaudited results for the fourth quarter of 2011 and audited results for the fiscal year ended August 31, 2011.</p>
<table border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="128" valign="top"></td>
<td width="128" valign="top"><strong>Three Months August 31</strong></td>
<td width="128" valign="top"><strong>Ended</strong></td>
<td width="128" valign="top"><strong>Year Ended August 31</strong></td>
<td width="128" valign="top"></td>
</tr>
<tr>
<td width="128" valign="top"></td>
<td width="128" valign="top"><strong> 2011</strong></td>
<td width="128" valign="top">2010</td>
<td width="128" valign="top"><strong>2011</strong></td>
<td width="128" valign="top">2010</td>
</tr>
<tr>
<td width="128" valign="top"></td>
<td width="128" valign="top"><strong><span style="text-decoration: underline">$000</span></strong></td>
<td width="128" valign="top"><span style="text-decoration: underline">$000</span></td>
<td width="128" valign="top"><strong><span style="text-decoration: underline">$000</span></strong></td>
<td width="128" valign="top"><span style="text-decoration: underline">$000</span></td>
</tr>
<tr>
<td width="128" valign="top">Revenue</td>
<td width="128" valign="top"><strong>892</strong></td>
<td width="128" valign="top">1,440</td>
<td width="128" valign="top"><strong>3,089</strong></td>
<td width="128" valign="top">5,190</td>
</tr>
<tr>
<td width="128" valign="top">Gross Margin</td>
<td width="128" valign="top"><strong>489</strong></td>
<td width="128" valign="top">396</td>
<td width="128" valign="top"><strong>1,073</strong></td>
<td width="128" valign="top">2,056</td>
</tr>
<tr>
<td width="128" valign="top">Net Loss</td>
<td width="128" valign="top"><strong>(149)</strong></td>
<td width="128" valign="top">(552)</td>
<td width="128" valign="top"><strong>(1,254)</strong></td>
<td width="128" valign="top">(625)</td>
</tr>
<tr>
<td width="128" valign="top">Loss per share</td>
<td width="128" valign="top"><strong>(0.00)</strong></td>
<td width="128" valign="top">(0.01)</td>
<td width="128" valign="top"><strong>(0.03)</strong></td>
<td width="128" valign="top">(0.01)</td>
</tr>
</tbody>
</table>
<p>While the fiscal year ended August 31, 2011 was a challenging year for the Company, by the fourth quarter business operations had moved significantly in the direction of break-even, as the various corrective measures implemented and reported on during the year began to have an impact.</p>
<p>As a result of the downturn in activities in both the mining sector (remote operations) and the housing and municipal development sectors, revenues for the year from sales of rotating biological contactors (“RBCs”) fell 34% from historical normal levels. In response to the reduction in revenues, management imposed further reviews of operating expenses, however for the first three quarters these were not sufficient to offset the revenue decline and as a result the net loss for the year increased.</p>
<p>Despite reduced revenues in the fourth quarter 2011 the gross margin of 55% was a significant improvement over the 27% in the same period in 2010, and largely reflected better spreads on Parts &amp; Service business which continued to dominate activity through the end of the fiscal year.</p>
<p>Operating expenses incurred in the fourth quarter 2011 decreased by 32% from the equivalent period in 2010. Factors contributing to the quarter over quarter decline in operating expenses included staff reductions, which in turn contributed to lower travel expenses, reduction in commission expenses commensurate with the decline in sales revenues, and significantly lower write down of assets and allowance for doubtful accounts than in the prior period.</p>
<p>Shortly after year end the Company successfully completed a $600,000 raise of equity capital, in addition to exchanging $705,000 of trade debt for a secured debenture, and forgiveness of a further $106,407 of payables during regular course of business. While over the earlier part of the year the revenue contribution from the Company’s core wastewater treatment business unit remained below historical levels, several new orders were booked in the fourth quarter. These orders were incremental to the previously reported new contract for the Canadian military, the latter potentially worth $14.8 million over five years which will begin execution in the first quarter of the 2012 fiscal year.</p>
<p>Seprotech is a provider of pre-engineered water and wastewater treatment solutions to the municipal/land development, resource sector and military market place, including Reverse Osmosis water purification systems, ROTORDISK® biological sewage treatment package plants and CrystalBlue™ membrane-based water recycling systems.</p>
<p>For Further Information, please contact:<br />
Mr. Matthew Anderson, Investor Relations<br />
Tel: (613) 523-1641<br />
Fax: (613) 731-0851</p>
<p>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. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Some of the statements in this press release, including those relating to the Company’s strategies and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.</p>
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		<title>Seprotech Grants Stock Options</title>
		<link>http://www.seprotech.com/blog/2011/12/14/seprotech-grants-stock-options-2/</link>
		<comments>http://www.seprotech.com/blog/2011/12/14/seprotech-grants-stock-options-2/#comments</comments>
		<pubDate>Wed, 14 Dec 2011 21:40:59 +0000</pubDate>
		<dc:creator>seprotech_admin</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Press Releases]]></category>

		<guid isPermaLink="false">http://www.seprotech.com/blog/?p=82633318</guid>
		<description><![CDATA[SEPROTECH SYSTEMS INCORPORATED NEWS RELEASE Canadian Timely Disclosure Pack – For Release 13th of December, 2011 Seprotech Grants Stock Options Seprotech Systems Incorporated (TSX-V: SET; “Seprotech”&#160;&#160;&#160;<a style="text-decoration: none;" href="http://www.seprotech.com/blog/2011/12/14/seprotech-grants-stock-options-2/">Read More ></a>]]></description>
			<content:encoded><![CDATA[<p><strong>SEPROTECH SYSTEMS INCORPORATED</strong></p>
<p><strong>NEWS RELEASE</strong></p>
<p>Canadian Timely Disclosure Pack – For Release 13<sup>th</sup> of December, 2011</p>
<p><strong>Seprotech Grants Stock Options</strong></p>
<p>Seprotech Systems Incorporated (TSX-V: SET; “Seprotech” or the “Company”) announces that it has granted a total of 1,600,000 stock options, comprising 100,000 options to a director, and the balance to the Company’s new CEO. The stock options vest over three years, and are exercisable into common shares of Seprotech at a price of $0.10 per share for a period of five years.</p>
<p>Seprotech currently has 62,921,926 common shares issued and outstanding, and under the Company’s Employee Share Option Plan a maximum of 7,000,000 common shares are available to be issued pursuant to the exercise of options at this time. Including this grant of 1,600,000 options, a total of 6,605,000 common shares have been reserved for issuance pursuant to outstanding option grants. There are 305,000 shares remaining available for issuance at this time with respect to future option grants.</p>
<p><strong>About Seprotech:</strong></p>
<p>Seprotech is a provider of pre-engineered water and wastewater treatment solutions to the municipal/land development, resource sector and military market place, including Reverse Osmosis water purification systems, ROTORDISK® biological sewage treatment package plants and CrystalBlue™ membrane-based water recycling systems.</p>
<p>For Further Information, please contact:<br />
Mr. Ian W. Malone, CFO<br />
Tel: (613) 523-1641<br />
Fax: (613) 731-0851</p>
<p>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. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.</p>
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		<title>Seprotech Debenture Holders Extend Maturity</title>
		<link>http://www.seprotech.com/blog/2011/12/01/seprotech-debenture-holders-extend-maturity/</link>
		<comments>http://www.seprotech.com/blog/2011/12/01/seprotech-debenture-holders-extend-maturity/#comments</comments>
		<pubDate>Thu, 01 Dec 2011 21:38:22 +0000</pubDate>
		<dc:creator>seprotech_admin</dc:creator>
				<category><![CDATA[Latest News]]></category>
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		<guid isPermaLink="false">http://www.seprotech.com/blog/?p=82630243</guid>
		<description><![CDATA[SEPROTECH SYSTEMS INCORPORATED NEWS RELEASE Canadian Timely Disclosure Pack – For Release November 30, 2011 Seprotech Debenture Holders Extend Maturity Seprotech Systems Incorporated (TSX-V: SET; “Seprotech”&#160;&#160;&#160;<a style="text-decoration: none;" href="http://www.seprotech.com/blog/2011/12/01/seprotech-debenture-holders-extend-maturity/">Read More ></a>]]></description>
			<content:encoded><![CDATA[<p><strong>SEPROTECH SYSTEMS INCORPORATED</strong></p>
<p><strong>NEWS RELEASE</strong></p>
<p>Canadian Timely Disclosure Pack – For Release November 30, 2011</p>
<p><strong>Seprotech Debenture Holders Extend Maturity</strong></p>
<p><strong>Seprotech Systems Incorporated</strong> (TSX-V: SET; “Seprotech” or the “Company”) advises that all of its debenture holders have agreed to extend the maturity date of its secured subordinated debenture from December 31, 2011 to March 31, 2012. The debenture in an aggregate principal amount of $705,000 was issued to certain of the Company’s suppliers in September 2011 in exchange for trade debts owing to them. The Company will continue to have the right to further extend the maturity date of the debenture if it completes certain additional financings. This action by the debenture holders will assist the Company in its continuing efforts to restructure its balance sheet.</p>
<p>“This continued support from key suppliers who have participated in the debenture is greatly appreciated”, said Harry J. Marshall, CEO, who added “It will facilitate continuation of recent fund-raising activities which commenced with a $600,000 private placement in September, 2011”.</p>
<p><strong>About Seprotech:</strong></p>
<p>Seprotech is a provider of pre-engineered water and wastewater treatment solutions to the municipal/land development, resource sector and military market place, including Reverse Osmosis water purification systems, ROTORDISK® biological sewage treatment package plants and CrystalBlue™ membrane-based water recycling systems.</p>
<p>For Further Information, please contact:<br />
Mr. Ian W. Malone, CFO<br />
Tel: (613) 523-1641<br />
Fax: (613) 731-0851</p>
<p>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. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Some of the statements in this press release, including those relating to the Company’s strategies and other statements the private placement financing activities of the Company, the use of proceeds of the private placement financing, that are predictive in nature,  that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.</p>
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		<title>Seprotech Announces Bridge Loan Facility</title>
		<link>http://www.seprotech.com/blog/2011/11/30/seprotech-announces-bridge-loan-facility/</link>
		<comments>http://www.seprotech.com/blog/2011/11/30/seprotech-announces-bridge-loan-facility/#comments</comments>
		<pubDate>Wed, 30 Nov 2011 21:25:14 +0000</pubDate>
		<dc:creator>seprotech_admin</dc:creator>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Press Releases]]></category>

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		<description><![CDATA[SEPROTECH SYSTEMS INCORPORATED NEWS RELEASE Canadian Timely Disclosure Pack – For Release November 29, 2011 Seprotech Announces Bridge Loan Facility Seprotech Systems Incorporated (TSX-V: SET; “Seprotech”&#160;&#160;&#160;<a style="text-decoration: none;" href="http://www.seprotech.com/blog/2011/11/30/seprotech-announces-bridge-loan-facility/">Read More ></a>]]></description>
			<content:encoded><![CDATA[<p><strong>SEPROTECH SYSTEMS INCORPORATED</strong></p>
<p><strong>NEWS RELEASE</strong></p>
<p>Canadian Timely Disclosure Pack – For Release November 29, 2011</p>
<p><strong>Seprotech Announces Bridge Loan Facility</strong></p>
<p><strong>Seprotech Systems Incorporated</strong> (TSX-V: SET; “Seprotech” or the “Company”) announces a bridge loan facility of up to $200,000 (the “Loan”) available until February 27, 2012. The loan is unsecured, and carries an interest rate of 7% per annum, payable monthly in arrears.</p>
<p>An Insider of the Company, Seprotech’s Chairman Jordan Grant, will participate for up to a maximum of 50% of the Loan. Mr. Grant will participate in the Loan on the same terms and conditions as other participants.</p>
<p>Proceeds from the Loan will be utilized as working capital to accelerate completion of various contracts now in varying stages of assembly by the Company.</p>
<p><strong>About Seprotech:</strong></p>
<p>Seprotech is a provider of pre-engineered water and wastewater treatment solutions to the development, resource and military sectors, including Reverse Osmosis water purification systems, ROTORDISK® biological sewage treatment package plants and CrystalBlue™ membrane-based water recycling systems.</p>
<p>For Further Information, please contact:<br />
Mr. Ian W. Malone, CFO<br />
Tel: (613) 523-1641<br />
Fax: (613) 731-0851</p>
<p>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. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Some of the statements in this press release, including those relating to the Company’s strategies and other statements the private placement financing activities of the Company, the use of proceeds of the private placement financing, that are predictive in nature,  that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.</p>
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