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Water Ways Announces Private Placement, Debt Settlement and Proposed Amendments to Debentures
Globenewswire· 2025-09-10 21:00
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company”), is pleased to announce (i) a non-brokered private placement of up to 20,000,000 units of the Company (the “Units”) for aggregate gross proceeds of up to $1,000,000, (ii) the settlement of up to $800,000 of indebtedness for up to 16,000,000 common shares in the capital of the Company (th ...
Water Ways Technologies Enters Strategic Partnership for Exclusive Tomato Hybrid Development for Vertical Farming
Globenewswire· 2025-07-02 11:00
Core Insights - Water Ways Technologies Inc. has entered into a strategic Tomato Seed Transfer and Breeding Agreement with BF AGRITECH Ltd to develop a proprietary tomato hybrid variety for vertical farming [1][2] - The agreement includes a payment of USD $200,000 over 12 months, with a 15% royalty on sales outside North America [2] - Water Ways plans to construct a vertical farming facility in Ontario dedicated to the hybrid by Q4 of 2025, contingent on successful development [3][7] Company Overview - Water Ways Technologies is a Canadian provider of advanced agricultural technologies, focusing on water irrigation solutions for agricultural producers in Canada and the USA [5] - The company aims to capitalize on opportunities in micro and smart irrigation, with projects including vineyards and fresh produce cooling rooms [5] Strategic Partnership - The partnership with BF AGRITECH is seen as a significant advancement in Water Ways' mission to provide innovative agricultural solutions [4] - The development of specialized tomato varieties aligns with the company's commitment to sustainable agriculture and the growing indoor farming market in North America [4]