NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, July 02, 2025 (GLOBE NEWSWIRE) -- Water Ways Technologies Inc. (TSX-V: WWT) (“Water Ways” or the “Company”), a leading provider of advanced agricultural technologies in North America, is pleased to announce that it has entered into a strategic Tomato Seed Transfer and Breeding Agreement (the “Agreement”) dated June 16, 2025 with BF AGRITECH Ltd (“BF AGRITECH”), an Israeli agricultural technology company specializin ...

Core Viewpoint - Water Ways Technologies Inc. is proposing a share consolidation at a ratio of up to ten pre-Consolidation Common Shares for one post-Consolidation Common Share, subject to shareholder approval at a special meeting scheduled for July 14, 2025 [1][2]. Group 1: Share Consolidation Details - The Board seeks authority to implement the consolidation when deemed appropriate to enhance the capital structure and attract a broader pool of investors [2]. - Currently, there are 148,785,346 Common Shares outstanding, which would reduce to approximately 14,878,537 Common Shares post-Consolidation if approved [3]. - No fractional Common Shares will be issued, and no cash will be paid for fractional shares resulting from the consolidation [3]. Group 2: Trading and Adjustments - Post-Consolidation, the Common Shares will continue to trade on the TSX Venture Exchange under the symbol "WWT," and the company's name will remain unchanged [4]. - The exercise or conversion price and the number of Common Shares under outstanding warrants and stock options will be proportionately adjusted to reflect the consolidation [4]. Group 3: Previous Attempts and Regulatory Approval - The company had previously announced a proposed share consolidation in December 2024, which received shareholder approval but was not implemented, leading to the lapse of that approval [6]. - The consolidation is subject to prior approval from the Exchange and shareholders [5]. Group 4: Company Overview - Water Ways Technologies Inc. is a Canadian provider of Israeli-based agriculture technology, focusing on water irrigation solutions for agricultural producers in Canada and the USA [8]. - The company is capitalizing on opportunities in micro and smart irrigation, with projects including vineyards and fresh produce cooling rooms [8].