Micron Waste's Subsidiary starts to Manufacture Made in Canada Face Masks pursuant to its Medical Device Establishment License
VANCOUVER, BC, Sept. 21, 2020 /CNW/ – Micron Waste Technologies Inc. (“Micron” or the “Company“) (CSE: MWM), (Frankfurt: 7FM2), is pleased to announce that its wholly-owned subsidiary, Micron Technologies Inc. (“Micron Technologies“), a manufacturer of personal protective equipment in Canada, has received and installed its 3-ply mask-manufacturing machine and associated equipment.
The Company, through Micron Technologies, will manufacture face masks pursuant to its Medical Device Establishment License (“MDEL“) from Health Canada. The MDEL permits Micron Technologies to manufacture Class I products, which include face masks, at the Company’s facility in Delta, British Columbia. The MDEL is issued by the Minister of Health in accordance with the Medical Device Regulations of the Food and Drugs Act.
The Company has also received its N95 mask-manufacturing machine and expects production to begin in early October. Additionally, the Company plans to send N95 mask samples to the National Institute for Occupational Safety and Health for certification to be able to sell medical grade N95 masks.
The MDEL approval represents a strategic milestone for Micron. Mr. Kal Malhi, CEO of Micron states, “We believe that the supply of face masks will remain constrained as governments and corporations mandate masks be worn in public spaces, the workplace, and in educational centres.”
Parties interested in purchasing Micron’s made in Canada masks are urged to contact: Milan, Corporate Development, at firstname.lastname@example.org.
About Micron Waste Technologies Inc.
Micron is a well-financed industrial/technology company with a manufacturing facility based in Delta, British Columbia. The Company is developing its Organivore and Pharmavore waste digesters using its proprietary technology. The Company, through Micron Technologies, is also developing capacity to manufacture made in Canada face masks.
The Company also announces that it has entered into an arm’s length agreement with Atkien Check AG (“Atkien“), a leading German investor-marketing firm, for shareholder communication and marketing services. Atkien will be retained for a period of three months and will receive a cash fee of €50,000. No shares, options or warrants will be paid to Atkien.
The Canadian Stock Exchange, nor its regulation service provider, accept responsibility for the adequacy or accuracy of this news release.
FORWARD LOOKING STATEMENTS:
This news release includes certain statements that may be deemed “forward-looking statements.” The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. 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.
The forward-looking statements in this news release are made as of the date of this news release and, except as required by applicable law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. The forward-looking statements are subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements.
SOURCE Micron Waste Technologies Inc.
Welcome to Global Asset Management Seoul Korea.