Current Water Technologies Inc. Completes $320,000 Private Placement

An update from Current Water Technologies Inc ( (TSE:WATR) ) is now available.

Current Water Technologies Inc. has successfully closed a private placement, raising $320,000 CAD through the issuance of 10,666,667 common shares at a price of $0.03 per share. This capital raise, conducted under the TSX-V’s minimum price exception, will support the company’s financial positioning, although it does not include share purchase warrants or involve any finder’s fees.

More about Current Water Technologies Inc

Current Water Technologies Inc. is a technology company specializing in electrochemical technologies for the treatment of wastewater, desalination, and drinking water contaminated with metals or nutrients. The company serves industries such as mining, metal processing, chemical, agricultural, municipal, and waste management. Its division, Pumptronics Incorporated, focuses on custom design and automation of integrated pump stations.

YTD Price Performance: -16.67%

Average Trading Volume: 207,902

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$5.72M

For an in-depth examination of WATR stock, go to TipRanks’ Stock Analysis page.