- Forward Water Technologies (FWTC) is now trading on the TSX Venture Exchange
- Initial funds raised will allow the FWT to pursue its strategy to commercialize the technology and enhance its marketing and sales efforts
- FWT’s technology extracts clean water through a membrane utilizing a proprietary Forward Osmosis method
- Forward Water Technologies Corp. (FWTC) opened trading at C$0.19 per share
Common shares of Forward Water Technologies (FWTC) are now trading on the TSX Venture Exchange.
Initial funds raised will allow the FWT to pursue its aggressive growth strategy to commercialize the technology and enhance its targeted marketing and sales efforts.
Dr. Howie Honeyman, President and CEO of Forward Water Technologies Corp., commented on the listing.
“We are excited to commence completing the commercial market entry of our proprietary forward osmosis process for the treatment of challenging waste streams. We feel this is a great opportunity to create shareholder value as we continue to see strong interest in wastewater and brine management with client samples already in hand.”
FWT’s three-step process technology extracts clean water through a membrane utilizing a proprietary Forward Osmosis method, removing impurities and separating out the clean water.
The FWT solution is highly flexible and can be deployed in multiple industries that require water reuse and recycling. The system can also be a bolt-on companion to existing treatment platforms and is proven to be a simple addition to pre-existing facilities.
Dr. Honeyman commenting on the broad applicability of the technology stated that,
“Industrial sectors from energy production to fine chemical manufacturing and even semi-conductor production will be able to take advantage of our water treatment benefits”. FWT also continues to explore new valuable applications in other sectors such as Food & Beverage and lithium brine treatment to enhance lithium recovery.
Forward Water Technologies Corp. (FWTC) opened trading at C$0.19 per share.