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Thermal Energy International Inc
850 -- 36 Antares Dr.
Phone: (613) 723-6776p:613 723-6776 OTTAWA, ON  K2E 7W5  Canada Ticker: TMGTMG
Business Summary
Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
8/31/20245/31/2024Yes----

Industries
SIC Code Description
8999 Services, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board William B.White 11/23/2021 11/28/2016
President, Chief Executive Officer, Director William M.Crossland 1/1/2021 5/29/2007
Chief Financial Officer JieZhang 7/31/2018 7/31/2018
4 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Sofame Technologies Inc. 500 Alphonse-D.-Roy Street Montreal QC Canada

Business Names
Business Name
2003356 Ontario Inc.
2153639 Ontario Inc.
Boilerroom Equipment Inc.
6 additional Business Names available in full report.

General Information
Outstanding Shares: 172,734,305 (As of 8/31/2024)
Stock Exchange: CVE
Fax Number: (613) 723-7286


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Wednesday, November 20, 2024