Source: Sixth Wave Innovations
  • Sixth Wave Innovations (SIXW) welcomes Dr. Ahmad Hussein and Patricia Steadman to the Advisory Board
  • Advancements at the company have led to the expansion of its advisory board
  • Sixth Wave has also granted a total of 1,050,000 options to directors, officers, advisory board members, employees and consultants of the company
  • Sixth Wave is a nanotechnology company
  • Sixth Wave Innovations Inc. (SIXW) is up 5.88 per cent, trading at C$0.09 at 2:43 pm ET

Sixth Wave Innovations (SIXW) has added Dr. Ahmad Hussein and Patricia Steadman to its Advisory Board.

Over the course of the last year, significant advances in it technology, markets, and commercialization efforts have taken place.

With these advancements, the impetus for and ability to accelerate its goals by expanding the advisory capacity and focus of the Advisory Board has grown.

With his expertise in the medical field and in micro-biology, his academic and business connectivity within the Nova Scotia and Federal government.

With his experience launching renewable biomass projects and developing a strategic metals complex project in the U.S., Dr. Hussein brings many key assets to the company.

Equally, Steadman brings extensive experience in capital markets, grants, information technology and systems, as well as connectivity to mining and pathogen detection.

Steadman has decades of experience as a serial entrepreneur bringing largescale, innovative and transformative platform technologies to new markets.

Steadman has already been contributing significantly to its efforts in bringing green ESG solutions to gold and battery metal opportunities in the US and Canada and starting to develop its diagnostic technology for national surveillance in the agricultural space.

Sixth Wave has also granted a total of 1,050,000 options to directors, officers, advisory board members, employees and consultants of the company.

The options are exercisable at $0.15 per share and will expire on May 2, 2027. One third of the options will vest after six months, with an additional third vesting every six months thereafter until fully vested.

In addition, it has granted a total of 760 000 common shares to directors and officers of the company under the employee equity participation plan representing significant participation by management and key employees.

The plan, which is voluntary, permits employees to receive compensation in the form of common shares of the company in lieu of a portion, or all, of the employee’s cash compensation.

Sixth Wave is a nanotechnology company with patented technologies that focus on the extraction and detection of target substances at the molecular level using highly specialized molecularly imprinted polymers (MIPs).

It is in the process of commercializing its AffinityTM cannabinoid purification system, AMIPS virus/bacteria detection, as well as, IXOS®, a line of extraction polymers for the gold mining industry.

Sixth Wave can design, develop and commercialize MIP solutions across a broad spectrum of industries.

Sixth Wave is focused on nanotechnology architectures for the detection and separation of viruses, biogenic amines and other pathogens, for which it has products at various stages of development.

Sixth Wave Innovations Inc. (SIXW) is up 5.88 per cent, trading at C$0.09 at 2:43 pm ET.

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