Aqua-Pure Ventures Inc. (“Aqua-Pure” or the “Company”) (TSXV: AQE), a premier recycler of oil field and shale gas wastewater, today announced installation of a second ROVER unit through FQS Ventures, a joint venture between Aqua-Pure’s wholly owned subsidiary Fountain Quail Water Management and Select Energy Services, marking the first ROVER mobilization into the Eagle Ford.

Following a successful installation and testing, the ROVER began recycling produced and flowback water to clean brine on September 5, 2014 in the Eagle Ford. The rolling 3 month engagement with a new customer, a large public independent, one of the largest producers in the Eagle Ford with operations extending into the Permian, Oklahoma, Colorado and the Texas Panhandle, is expected to extend through the end of 2015. The engagement includes an option to add a second ROVER after the initial 3-month period. At this site, the ROVER will be receiving produced and flowback water at a processing rate of up to 8,000 to 10,000 barrels per day.

“We are seeing excellent in-field performance and high interest in our ROVER units. As the oil & gas industry is gearing up for water recycling and reuse, contracting a ROVER mobile clarifier package is a powerful value proposition. At approximately $1 per barrel, ROVER can consistently process high volumes of flowback and produced water into clean brine for reuse in a broad range of fracturing operations. Deployment, set up and testing can be performed within a few days,” commented Richard Broderick, President of Fountain Quail Water Management and Chairman of FQS Ventures. “Our first ROVER dispatched in the Permian Basin has been running continuously with negligible downtime since April 1 and anticipate that it will continue to operate at our customer’s site for the foreseeable future. We are processing all of the produced water we receive on a daily basis from two injection well facilities. The ROVER is proving to be a reliable and rugged technology that I estimate will generate new revenue and expansion opportunities for both the joint venture and Fountain Quail.”

The Company also noted that it received a 90 day extension to the 6-month drawdown of a $3 million 5.12%, five-year secured loan agreement with the Agriculture Financial Services Corporation (a Provincial Government Crown Corporation) for the construction of additional NOMAD and ROVER units. Aqua-Pure has currently put $1.5 million of the loan to use in the construction of 3 ROVER units, all to be completed in September. The Company anticipates deploying the balance of the loan to build additional ROVERs as well as finish the construction of 2 NOMAD units that are close to 90% complete.

In addition Aqua-Pure also announces that 1,060,657 options have been granted, of which 820,657 were to replace the 1.3 million options that expired during Q2 of 2014. The options were granted on September 2, 2014 to employees, officers, directors and consultants of the Company at a price of $0.20 per share and expire 5 years from the date of issue. Currently, Aqua-Pure’s common stock outstanding totals approximately 91.5 million shares, equivalent to the shares outstanding for the last two years. Aqua-Pure’s fully diluted shares (inclusive of all options, warrants and convertible debt) totals approximately 124.6 million.

For more information, please contact: info@aqua-pure.com or:

 

Karim Teja

       

Yvonne Zappulla

Chief Financial Officer

Grannus Financial Advisors, Inc.

(403) 301 4123 ext 26

(212) 681-4108

 

About Aqua-Pure Ventures Inc.

Aqua-Pure (www.aqua-pure.com) is the premier recycler of oil field wastewater in North America. The Calgary and Texas based firm has developed and commercialized a cutting-edge, cost effective water recycling technology that transforms wastewater from a liability to an asset. Aqua-Pure's oil and gas wastewater services and technology solutions enhance environmental sustainability through the utilization of patented and proprietary technologies. The Corporation's common shares are listed on the TSX Venture Exchange under the trading symbol "AQE."

About Fountain Quail Water Management

Fountain Quail Water Management (www.fountainquail.com) provides low-cost, practical recycling alternatives for both shale gas and shale oil producers. The company is the global leader in recycling shale gas flowback and produced water into fresh water for re-use. Fountain Quail is wholly owned by Aqua-Pure Ventures Inc. and is based in Roanoke, Texas.

Forward-looking Statements:

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company’s future operations. Specifically, this release contains forward-looking statements respecting expectations for the time period of engagement for the second ROVER installation, the expected volume to be processed and revenue generated from ROVER operations and the expansion opportunities resulting from ROVER operations. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) the performance of the ROVER in a new shale play with different water characteristics, (2) the success of the customer’s exploration and development program in the area the ROVER is deployed (3) a downturn in general economic conditions in North America and internationally, (4) the inherent uncertainties associated with the demand for oil and gas, (5) federal and local government regulations that affect the oil and gas drilling industries (6) the risk that the Company does not execute its business plan, (7) inability to finance operations and growth (8) inability to retain key management and employees, (9) ; an increase in the number of competitors with larger resources, and (10) other factors beyond the Company’s control; (11) the introduction of new technologies either in the water reuse and recycling or in the amount of water used in hydraulic fracturing operations; (12) the availability of more cost effective sources of water These forward-looking statements are made as of the date of this news release and the Company intends to update such forward looking information in the Company's MD&A in the event that actual results differ materially from such forward-looking statements contained herein. Additional information about these and other assumptions, risks and uncertainties are set out in the “Risks and Uncertainties” section in the Company’s MD&A filed with Canadian security regulators.

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

Aqua-Pure Ventures Inc.Karim Teja, 403-301-4123 ext 26Chief Financial Officerinfo@aqua-pure.comorGrannus Financial Advisors, Inc.Yvonne Zappulla, 212-681-4108

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