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Environmental Waste International Announces Termination of Private Placement

Newsfile Corp.
Updated ·2 min read

Whitby, Ontario--(Newsfile Corp. - April 14, 2023) - Environmental Waste International (TSXV: EWS) (the "Company" or "EWS") announced today that it has terminated the $5,000,000 non-brokered private placement announced on March 1, 2023 (the "Offering"). The Offering was pursuant to the listed issuer financing exemption (the "Exemption") under Part 5A of National Instrument 45-106 - Prospectus Exemptions. The Company did not raise the full amount needed to avail itself of the use of this exemption within the 45 days required pursuant to the Exemption.

The securities offered pursuant to the financing and debt settlement have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Environmental Waste International Inc.

Environmental Waste International Inc. specializes in eco-friendly systems for the breakdown of organic materials, including tires. The Company has spent over 15 years engineering systems that integrate the EWS patented Reverse Polymerization™ process and proprietary microwave delivery system. EWS's unique microwave technology safely processes and recycles waste tires, while recovering highly valuable commodities, including carbon black, oil and steel. Each unit is designed to be environmentally safe, energy efficient, and economically profitable for the operator. For more information please visit, www.ewi.ca.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Bob MacBean, CEO
(905) 686-8689 or (800) 399-2366
Bob.macbean@ewi.ca
www.ewi.ca

Neither the 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162507