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An announcement from Forward Water Technologies Corp ( (TSE:FWTC) ) is now available.
Forward Water Technologies Corp. has announced a shares for debt transaction to settle $9,000 of interest by issuing 143,312 common shares to Green Centre Canada at a price of $0.0628 per share. This transaction is subject to Canadian securities law exemptions and requires approval from the TSX Venture Exchange, potentially impacting the company’s financial structure and stakeholder interests.
More about Forward Water Technologies Corp
Forward Water Technologies Corp. is a publicly traded Canadian company focused on conserving the earth’s water supply through its patented Forward Osmosis technology. The company, founded by GreenCentre Canada, aims to implement its technology on a large scale across various sectors, including industrial wastewater, oil and gas, mining, agriculture, and municipal water supply. Additionally, it is exploring early-stage research and development for treating food and beverage process streams.
Average Trading Volume: 37,839
Technical Sentiment Signal: Sell
Current Market Cap: C$2.24M
For detailed information about FWTC stock, go to TipRanks’ Stock Analysis page.