MICRON
WASTE TECHNOLOGIES INC.
Suite 915
– 700 West
Pender Street
Vancouver, BC,
Canada
V6C
1G8
MICRON WASTE AND SUBSIDIARY COVID TECHNOLOGIES
INC.
APPLAUD RECENT SUCCESS OF USING MEDICAL FACE MASKS TO
PREVENT SPREAD OF COVID DISEASE
Vancouver,
May 26,
2020 – Micron Waste Technologies
Inc. ("Micron" or the
"Company")
(CSE: MWM, OTC: MICWF, Frankfurt: 7FM2, OTCQB: MICWF), and its 100% owned
subsidiary
Covid
Technologies
Inc., are pleased to report that
the worldwide community is achieving high levels of success in
using face masks to prevent the spread of the COVID-19
virus.
As many provinces
across Canada begin to loosen public health restrictions and
gradually open their economies, Canada's Chief Public
Health Officer is officially recommending that
people wear non-medical masks to help protect others in situations
where physical distancing is not
possible.
Chief
Public Health Officer Dr. Theresa Tam said
non-medical masks can stop a wearer from spraying droplets on
others if they're sneezing or coughing which means that wearing a
non-medical mask could help curb transmission, especially amid
reports of asymptomatic carriers.
In
the United States of America, the
Center for Disease Control and Prevention ("CDC") advises on the
use of simple cloth face coverings to slow the spread of the virus
and help people who may have the virus and do not it from
transmitting it to others. While masks
and face coverings
are recommended but not required for
those that
go out in public during the coronavirus pandemic,
seven
US States
took guidance further and
require residents to cover their faces
when they visit essential businesses or use public
transportation.
About COVID
Technologies Inc
(www.covidtechnologies.com)
In this time of
crisis Covid Technologies Inc
is preparing to
deliver much needed PPE by providing
Canadian-made, high quality, vapour barrier technology (masks,
protective garments), protecting them from biological hazards,
pathogens, and superbugs.
Covid
Technologies
has established
manufacturing capacity at its Delta, BC
manufacturing facility through the acquisition
of state-of-the-art
mask making
equipment, including the purchase from Asia of a FLK120 surgical mask
making machine and over 5 tonnes of raw material for mask
production. (All items
prepaid
and enroute for delivery to
Covid facilities in Delta BC for
early June 2020 Covid has paid for the ordered
equipment from existing working capital and has approximately $2.5M
additional
cash and manufacturing
assets and working capital
to deploy towards
facial mask making.
COVID
Technologies Inc
has secured an intermim MEDL Licencce (Medical Device
Licence) and will begin production
starting
in JJune 2020 of:
•Class 1 Protective 3ply
Surgical masks equipment ASTM F2100 or F2101 guidelines.
No
licence
or Health Canada
clearance is required to manufacture these.
The Company also
plans to manufacture N95 Respirators and is awaiting a
licence
from
NIOSH
(National
Institute for Occupational Safety and Health (NIOSH)
to be able to begin manufacturing these masks.
•N95 Repirators
Face masks are not a substitute for physical distancing.
The Company is not making any express or implied claims that its
product has the ability to eliminate, cure or contain the Covid-19
(or SARS-2 Coronavirus) at this time
The public is still advised to maintain at least six feet of
distance from other people and stay home. Face masks are to
be used when
it is not possible to consistently maintain six feet of distance
from others or where
work or businesses
require
them.
Micron Waste
also announces that it has engaged
Proactive Investors to provide investors relations services
and written and video interview
coverage of news releases and other corporate developments.
Proactive Investors is a financial news and events organization
with bureaus in North America, the United Kingdom and Australia.
Across all business lines, its worldwide client base numbers
approximately 800 companies. Micron will compensate
Proactive a sum total of $22,500 for a twelve
month period to Proactivee.
About Micron Waste Technologies Inc.
Micron is a
well-funded industrial/technology company with a manufacturing
facility based in Delta, BC. It is developing waste digesters using
proprietary technology. Its waste digester business is focused on
the cannabis and food industry with its Cannivore, Organivore
and
Pharmavore
waste
digesters.
The Company will
continue its research and development of its waste digester
business alongside its PPE manufacturing business
as
the
Company is of the view that the demand for PPE will increase in the
future as Coronavirus spread remains
an
issue. The Company believes
the anticipated demand for PPE will transcend the current need
arising from the pandemic and will become a requirement of the "new
normal".
Micron Waste also
owns 100% of its subsidiary Covid Technologies, which is
focused on manufacturing medical face masks.
Micron is a
public company with listings on the CSE: MWM, OTC: MICWF, and in Frankfurt: 7FM2. Please
visit
www.micronwaste.com for further
information.
Kal
Malhi
Chairman
For further
information:
Kal
Malhi
kal@bullruncapital.ca
Cell:604-805-4602
The Canadian Stock Exchange does not accept responsibility for the
adequacy or accuracy of this release.
FORWARD
LOOKING STATEMENTS:
The
forward-looking information contained in this press release is made
as of the date of this press 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
information, whether as a result of new information, future events
or otherwise, except as may be required by law. By its very nature,
such forward-looking information requires the Company to make
assumptions that may not materialize or that may not be accurate.
This forward-looking information is 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 information.
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