Vancouver, British Columbia - TheNewswire - June 5, 2020 - Richard Hubbard announces that on June 1, 2020 he acquired ownership of 900 common shares (“Common Shares”) in the capital of BQE Water Inc. (“BQE”), a company with a head office at Suite 250 - 900 Howe Street, Vancouver, British Columbia, V6Z 2M4, at a purchase price of C$10.00 per Common Share for an aggregate purchase price of C$9,000. Mr. Hubbard acquired ownership pursuant to a purchase on the TSX Venture Exchange (the “Acquisition”).

Prior to the Acquisition, Mr. Hubbard held 237,679 Common Shares representing 19.56% of BQE's outstanding and outstanding Common Shares. After completing the Acquisition, Mr. Hubbard now holds 238,579 Common Shares representing 19.63% of BQE's issued and outstanding Common Shares. Mr. Hubbard became an insider of BQE on January 26, 2014. He subsequently acquired and disposed of securities of BQE, on the public market, privately and through the conversion or exchange of securities.

Mr. Hubbard’s acquisition was made for investment purposes. In accordance with applicable securities laws, Mr. Hubbard may, from time to time and at any time, acquire additional shares and/or other equity, debt or other securities or instruments (collectively, “Securities”) of BQE in the open market or otherwise, and reserves the right to dispose of any or all of his Securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of BQE and other relevant factors.

A copy of the early warning report can be found on BQE's SEDAR profile at www.SEDAR.com. For more information, or to obtain a copy of the early warning report, please contact:

Richard Hubbard

E-mail: richard@rhadvisors.com