Water Ways Launches New Website and Announces Actions for Debt Settlement
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TORONTO, Jan. 21, 2022 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (FRA: WWT) (“Waterways“or the”Society“), an Israel-based global agricultural technology provider providing water-based irrigation solutions to agricultural producers, announces that it has today agreed to issue to an arm’s-length service provider until to 102,321 ordinary shares, but not less than 88,837 ordinary shares (the “Shares“) in lieu of payments due to this service provider for a total amount of $28,650. The issuance of the shares remains subject to the approval of the TSXV.
The shares will be subject to a statutory hold period of four months plus one day from the date of issue in accordance with applicable securities laws.
The company is delighted to announce that its new updated website is live. The updated site features improved graphics and an updated project gallery, with drop-down menus for both mobile and desktop versions. We’ve also improved the structure of our content, so you’ll get more from a quick read. An improved and detailed investors section detailing the company’s press release and financial statements.
Come visit us at: https://water-ways-technologies.com/
About Water Ways Technologies
Water Ways Technologies Inc., through its subsidiaries, is an Israel-based global agricultural technology provider providing water irrigation solutions to agricultural producers. Water Ways Technologies competes in the global irrigation water systems market with a focus on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. Currently, Water Ways Technologies’ primary sources of revenue are derived from the following business units: (i) Projects business unit; and (ii) Components and Equipment Sales Unit. Water Ways Technologies capitalizes on the opportunities presented by micro-irrigation and smart irrigation, while leaving a positive imprint on society by making these technologies more widely available, especially in developing markets such as Africa and the United States. Latin America and developed markets such as China and Canada. Water Ways Technologies irrigation projects include vineyards, cotton fields, apple and orange orchards, blueberries, medical cannabis, chilled produce cooling chambers and more, in over 15 countries .
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.
Certain statements contained in this press release constitute “forward-looking information” as that term is defined under applicable Canadian securities laws. The words “may”, “could”, “could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions with respect to waterways. All statements other than statements of historical fact may be forward-looking information. These statements reflect Water Ways’ current beliefs and intentions regarding future events, as well as current information available to Water Ways, and are subject to certain risks, uncertainties and assumptions. Important factors or assumptions were applied to provide forward-looking information. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to differ from those described herein, should one or more of these risks or uncertainties materialize. If any factor unexpectedly affects Water Ways, or if assumptions underlying the forward-looking information prove incorrect, the actual results or events could differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Further, Water Ways assumes no responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release, and Water Ways undertakes no obligation to publicly update or revise the forward-looking information, except as required by applicable law. Water Ways’ results and forward-looking information and calculations may be affected by fluctuations in currency exchange rates. All figures are in Canadian dollars unless otherwise stated.