| Previous Close | 0.0600 |
| Open | 0.0600 |
| Bid | 0.0750 x N/A |
| Ask | 0.0850 x N/A |
| Day's Range | 0.0550 - 0.0900 |
| 52 Week Range | 0.0200 - 0.0900 |
| Volume | 11,517,246 |
| Avg. Volume | 1,490,950 |
| Market Cap | 14.05M |
| Beta (5Y Monthly) | -0.00 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.0020 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- GlobeNewswire
Revised amount – CWTI Private Placement for up to $1,250,000
GUELPH, Ontario, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Current Water Technologies Inc. (TSX-V:WATR) (“CWTI” or the “Company”) announces that further to its previous announcement dated February 16, 2021, and subject to regulatory approval and formal documentation, the Company intends to increase the offering of a non-brokered, private placement financing (“Private Placement”) for gross proceeds of up to $1,250,000. The Private Placement will be for up to 25,000,000 Units at a price of $0.05 per unit. Each Unit will be comprised of one Common Share in the capital stock of the Company and a one Share Purchase Warrant (“Warrant”). One Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.07 per Share, which is exercisable for a period of three (3) years from the date of closing. The proceeds of this offering will be used for marketing and manufacturing initiatives, and for general working capital. The private placement is subject to regulatory approval by the TSX Venture Exchange. About Current Water Technologies Inc. Current Water Technologies is a “Technology Company” applying its patented and proprietary “Electrochemical Technologies” to the treatment of waste water, desalination water and drinking water contaminated by metals or nutrients, i.e., nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors. Pumptronics Incorporated operates as a division of the Company and functions as an integrated pump station manufacturer specializing in custom design and automation. The common shares trade on Tier ll of the TSX Venture Exchange under the symbol “WATR”. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. FOR FURTHER INFORMATION PLEASE CONTACT: Dr. Gene S. Shelp, Ph.D., P.Geo.President and CEO Tel: (519) 836-6155Fax: (519) 836-5683E-mail: gshelp@currentwatertechnologies.comWeb Site: www.currentwatertechnologies.com Forward Looking Statements This news release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Current Water Technologies Inc. results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof. Certain statements contained in this press release and in certain documents incorporated by reference into this press release constitute forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and "confident" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Current Water believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release. Current Water undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
- GlobeNewswire
Private Placement for up to $1,000,000
GUELPH, Ontario, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Current Water Technologies Inc. (TSX-V:WATR) (“CWTI” or the “Company”) announces that, subject to regulatory approval and formal documentation, the Company is offering a non-brokered, private placement financing (“Private Placement”) for gross proceeds of up to $1,000,000. The Private Placement will be for up to 20,000,000 Units at a price of $0.05 per unit. Each Unit will be comprised of one Common Share in the capital stock of the Company and a one Share Purchase Warrant (“Warrant”). One Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.07 per Share, which is exercisable for a period of three (3) years from the date of closing. The proceeds of this offering will be used for marketing and manufacturing initiatives, and for general working capital. The private placement is subject to regulatory approval by the TSX Venture Exchange. About Current Water Technologies Inc. Current Water Technologies is a “Technology Company” applying its patented and proprietary “Electrochemical Technologies” to the treatment of waste water, desalination water and drinking water contaminated by metals or nutrients, i.e., nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors. Pumptronics Incorporated operates as a division of the Company and functions as an integrated pump station manufacturer specializing in custom design and automation. The common shares trade on Tier ll of the TSX Venture Exchange under the symbol “WATR”. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. FOR FURTHER INFORMATION PLEASE CONTACT: Dr. Gene S. Shelp, Ph.D., P.Geo.President and CEO Tel: (519) 836-6155Fax: (519) 836-5683E-mail: gshelp@currentwatertechnologies.comWeb Site: www.currentwatertechnologies.com Forward Looking Statements This news release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Current Water Technologies Inc. results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof. Certain statements contained in this press release and in certain documents incorporated by reference into this press release constitute forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and "confident" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Current Water believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release. Current Water undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
- GlobeNewswire
Current Water Technologies Provides Corporate Progress Update
GUELPH, Ontario, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Current Water Technologies Inc. (TSX-V: WATR) ("CWTI" or "the Company" or "the Corporation"), an emerging technology leader in the management of industrial and municipal wastewater and drinking water resources, provides a corporate update. Despite logistical challenges introduced by the COVID pandemic the Company’s Pumptronics Division has experienced and continues to experience robust commercial sales. Pumptronics specializes in the design and fabrication of high quality irrigation pump stations and control systems. Its state-of-the-art automated pumping stations can be found in the the agriculture, golf, storm water/flood water and rain-water harvesting sectors. COVID -19 remains a unique global challenge in 2021, and CWTI continues to be vigilant in protecting its staff, while maintaining responsible fabricatation timelines. The current fabrication pipeline for pump stations includes sales exceeding $1,200,000. Based on the number of new proposals already submitted this year, the company anticipates an accelerating sales program in 2021. Accordingly, CWTI has added three new staff to its sales team to target specific commercial, agricultural and municipal sectors nationally. Full financial results will be available in the Company’s upcoming fourth quarter and annual 2020 results that will be released by the end of March 2021. Concurrently, CWTI is aggressively pursuing the commercial success of its patented AmmEL and ESD water treatment systems. In 2020, the Company conducted testing programs for several domestic and international clients, and expects commercial contracts to be forthcoming in 2021. Dr. Gene Shelp, Current Water’s CEO, said, “In 2020 the Company developed new market opportunities for Pumptronics products and advanced the possibility of commercial contracts for its innovative water treatment systems in diverse sectors. I believe that we have set a solid foundation for growth.” Neither the TSX Venture Exchange Inc. 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. About Current Water Technologies Inc. Current Water Technologies is a “Technology Company” applying its patented and proprietary “Electrochemical Technologies” to the treatment of waste water, desalination water and drinking water contaminated by metals or nutrients, i.e., nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors. Pumptronics Incorporated operates as a division of the Company and continue to function as an integrated pump station manufacturer specializing in custom design and automation.The common shares trade on Tier ll of the TSX Venture Exchange under the symbol “WATR”. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. FOR FURTHER INFORMATION PLEASE CONTACT: Investor RelationsAndreas Curkovic, Proconsul Capital: 416-577-9927 Dr. Gene S. Shelp, Ph.D., P.Geo.President and CEO Tel: (519) 836-6155Fax: (519) 836-5683E-mail: gshelp@currentwatertechnologies.comWeb Site: www.currentwatertechnologies.com Forward Looking Statements This news release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Current Water Technologies Inc. results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof. Certain statements contained in this press release and in certain documents incorporated by reference into this press release constitute forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and "confident" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Current Water believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release. Current Water undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
