SOLUCORP Industries Ltd. is engaged in metals remediation and prevention. It develops and markets solutions for the remediation of hazardous heavy metal and mercury spills. The Company's Molecular Bonding System (MBS) treatment technology permanently solves metals contamination in soils, industrial wastes and liquid wastes. MBS is being used in Integrated Fixation System (IFS) products that can be applied to a multitude of hazardous pollutant sources to render them insoluble and non-hazardous. The Company's principal business is conducted in the United States. Solucorp Industries, Ltd. announced that it has completed due diligence and finalized purchase of WITS, Inc., a privately held Florida-based environmental contractor that holds patents and licenses to provide decontamination of water and wastewater.