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Biorem Announces $13 Million in New Orders
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Biorem Announces $13 Million in New Orders
Dec 9, 2024 9:10 AM

11:53 AM EST, 12/09/2024 (MT Newswires) -- Biorem ( BIRMF ) on Monday said it received new orders totaling $13 million.

The company said the orders are for air-emission abatement projects in the Middle East , Australia and North America.

"A wide range of applications and air emissions abatement solutions are represented in these projects, with the diversity of technologies being deployed affirming Biorem's ( BIRMF ) success at its transition to a full spectrum provider of air pollution control solutions," chief executive Derek Webb said in a release.

With the latest orders, the company's order backlog has grown to approximately $58 million, which Biorem ( BIRMF ) says provides revenue visibility for the next 12 to 18 months.

Biorem ( BIRMF ) shares were last seen up $0.10 to $3.10 on the TSX Venture Exchange.

Price: 3.10, Change: +0.10, Percent Change: +3.33

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