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The latest update is out from Forward Water Technologies Corp ( (TSE:FWTC) ).
Forward Water Technologies Corp. has announced a shares for debt transaction to settle $9,000 of interest by issuing 105,882 common shares to Green Centre Canada at a price of $0.085 per share. This move, subject to TSX Venture Exchange approval, highlights the company’s strategic financial management and could potentially strengthen its market position by leveraging its relationship with Green Centre Canada.
More about Forward Water Technologies Corp
Forward Water Technologies Corp. is a Canadian company specializing in water conservation through its patented Forward Osmosis technology. The company focuses on reducing waste streams and returning fresh water for reuse across various sectors, including industrial wastewater, oil and gas, mining, agriculture, and municipal water supply. Founded by GreenCentre Canada, it is also exploring early-stage research and development for food and beverage process streams.
Average Trading Volume: 40,845
Technical Sentiment Signal: Sell
Current Market Cap: C$3.88M
Find detailed analytics on FWTC stock on TipRanks’ Stock Analysis page.