Source: Water Ways Technologies.
  • Water Ways Technologies (WWT) has announced a private placement for gross proceeds of up to C$1,000,000
  • The company will issue up to 1,000 convertible debenture units priced at $1,000 per unit
  • Water Ways is a provider of agriculture technology to producers in more than fifteen countries
  • Water Ways Technologies Inc. (WWT) opened trading at $0.21

Water Ways Technologies (WWT) has announced a private placement for gross proceeds of up to C$1,000,000.

The company will issue up to 1,000 convertible debenture units priced at $1,000 per unit.

Each unit will include one unsecured convertible debenture with a principal amount of $1,000 and 2,857 common share purchase warrants. Each warrant can be exercised to acquire one additional share for $0.45.

Closing of the financing is conditional on receipt of all regulatory approvals, including the approval of the TSX Venture Exchange.

Water Ways is a provider of agriculture technology, providing water irrigation solutions to agricultural producers. WWT’s irrigation projects include vineyards, cotton fields, apple and orange orchards, blueberry, medical cannabis growers and fresh produce cooling rooms in over fifteen countries.

Water Ways Technologies Inc. (WWT) opened trading at $0.21.

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