Corporate Update from Current Water Technologies
Current Water Technologies Inc. (TSX-V: WATR) ("CWTI" or "the Company" or "the Corporation") stands at the forefront of developing innovative electrochemical technologies aimed at treating ammonia in both municipal and industrial wastewater. Additionally, the Company is working on establishing a global network for Green Hydrogen production. We are excited to share this corporate update with our valued shareholders and supporters.
Ongoing Testing Initiatives
Since our last update, CWTI has dedicated its efforts to promoting its cutting-edge AmmEL-H2 wastewater treatment technology across various sectors, including municipal, military, and diverse industrial fields such as agriculture, oil & gas, fertilizer, biogas, and mining.
The AmmEL-H2 System is specifically engineered to harness the inherent value of wastewater that contains high levels of ammonium compounds. This technology not only prevents the release of nitrogen compounds, which can severely harm aquatic ecosystems and contribute to climate change, but it also creates multiple lucrative revenue opportunities. CWTI aims to play a pivotal role in developing a network of advanced, profitable wastewater treatment facilities.
In the first half of this year, CWTI successfully completed pilot scale studies in-house for two clients and looks forward to discussing the findings and potential next steps in the near future.
This month, we will initiate new pilot scale testing projects with multinational industrial clients operating in North America. It is important to note that over the past year, CWTI has entered into Non-Disclosure agreements with several clients. As a result, we are unable to disclose client names or any related confidential information without their written consent. During this time, we have also engaged in discussions with various entities across North America and Europe, leading to proposals for both in-house and on-site testing programs. We expect a busy period ahead.
About Current Water Technologies Inc.
Current Water Technologies is recognized as a “Technology Company” that utilizes its patented and proprietary “Electrochemical Technologies” to treat wastewater, desalination water, and drinking water contaminated by metals or nutrients, including nitrate and ammonia, particularly within the mining, metal processing, chemical, agricultural, municipal, and waste management sectors. Additionally, Pumptronics Incorporated operates as a division of the Company, providing integrated pump station manufacturing with a focus on custom design and automation.
The common shares of the Company are traded on Tier II of the TSX Venture Exchange under the symbol “WATR”.
Contact Information
For more information, please reach out to:
Dr. Gene S. Shelp, Ph.D., P.Geo.
President and CEO
Tel: (519) 836-6155
Fax: (519) 836-5683
E-mail: gshelp@currentwatertechnologies.com
Web Site: www.currentwatertechnologies.com
Frequently Asked Questions
What technology does Current Water Technologies focus on?
Current Water Technologies specializes in electrochemical technologies for wastewater treatment and green hydrogen production.
What industries does the AmmEL-H2 technology serve?
The AmmEL-H2 technology caters to municipal, military, and various industrial sectors, including agriculture, oil & gas, fertilizer, biogas, and mining.
What are the recent developments from Current Water Technologies?
Recent developments include successful pilot scale studies conducted in-house and the initiation of new pilot projects with multinational clients.
How does the AmmEL-H2 system benefit the environment?
The AmmEL-H2 system prevents the release of nitrogen compounds, which helps protect aquatic ecosystems and addresses climate change challenges.
Who can be contacted for more information?
For more details, Dr. Gene S. Shelp, President and CEO, is available for contact via phone or email as provided above.
