Contango, An AEG Company
Alexco Expands Environmental Business in Canada with Acquisition of Contango Strategies Ltd.
Contango is please to announce that as of June 18th 2018, we are now part of the Alexco Environmental Group (AEG), and will be operating as: Contango, an AEG company. More about AEG can be found on the company website: www.alexcoenv.com
AEG is a growing environmental consulting and remediation firm providing environmental consulting services and a projects group with proven capacity for turnkey remediation projects execution. AEG deploys both its own proprietary technologies and other proven techniques for treatment of surface and ground water and contaminated soils in and around large industrial and mining sites in North America. AEG is currently operating its business out of seven offices in Canada and the US. AEG is a wholly owned subsidiary of Alexco Resource Corp (TSX:AXR, NYSE MKT:AXU), a publicly traded brownfields silver mining company.
Contango’s management team will be joining the Alexco Environmental Group in key roles. Dr. Vanessa Friesen will become Manager of Saskatchewan Operations, and Senior Project Manager, Biological Treatment. Dr. Monique Simair will serve AEG as Vice President of Technology & Strategic Initiatives. In addition to the expanded resources and expertise AEG brings to our clients and services, Contango’s water treatment pilot facilities, microbiology and biogeochemistry laboratories, and team of 20 full-time personnel will be maintained and expanded in Saskatoon.
In the official press release (link), Monique Simair, President and Founder of Contango commented, “We are excited to join the Alexco team and look forward to expanding the range of services offered to our clients. This transaction enables us to contribute Contango’s unique technologies and services to a broader client base and provides, under one banner, a full breadth of water treatment capabilities. Our laboratories and pilot-scale testing facilities will complement AEG’s expertise in the construction and operation of water treatment systems and turn-key environmental site management and remediation.”
Jim Harrington, President of AEG commented, "With the addition of Contango’s advanced technology and research facilities it will enable AEG to continue to be leaders in the sector and at the forefront of applied environmental science, especially in mining related industrial applications. The Contango team will not only expand our capacity and bring with it a strong client base but it will enable AEG to provide a much broader and diversified service to the industry."
Jim Harrington, President, Alexco Environmental Group
About Contango, An AEG Company
Contango is a hybrid of a consulting company and contract research and development firm. Many of the consulting projects we engage in benefit from confirmatory testing and optimization in our laboratories and pilot facilities. Not only do we conceptually design and plan passive water treatment systems such as constructed wetlands, we also aid with regulatory and licensing processes and perform the necessary piloting and optimization in our pilot facilities to ensure their predictability and robustness upon implementation.
Our combination of dedicated warm and cold-climate pilot facilities uniquely position Contango to develop and test customized bioremediation solutions for a wide range of climates. Our in-house microbiology laboratories give us insight into how to optimize biological processes for your benefit.
Did You Know?
Contango operates the only dedicated fee-for-service passive water treatment system pilot facility in north america with complimentary microbiology laboratories. We develop and optimize site-specific water treatment strategies that are designed for clients based on their unique situation and needs.