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Current Water Technologies Inc V.WATR

Alternate Symbol(s):  ENPRF

Current Water Technologies Inc. is a Canada-based technology company. The Company is engaged in electro-static deionization (ESD) and the treatment of total ammonia (AmmEL) using electrochemical technologies. The Company is engaged in applying its patented and proprietary electrochemical technologies to the treatment of wastewater, desalination water and drinking water contaminated by metals or nutrients, i.e., nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors. Its patented ESD (deionization) and its patented AmmEL (ammonia removal) technologies represent alternatives to biological, ion exchange, and reverse osmosis systems. The Company’s subsidiary, Pumptronics Incorporated, operates as a division of the Company and functions as an integrated pump station manufacturer specializing in custom design and automation.


TSXV:WATR - Post by User

Post by Nicksteraddon May 04, 2021 9:41am
188 Views
Post# 33122439

News release.

News release.Well, hopefully another step in the right direction.  Things must be in the works as they keep hiring and reorganizing.  Hopefully we see a substantial contract/news soon. GL everyone.

GUELPH, Ontario, May 04, 2021 (GLOBE NEWSWIRE) -- Current Water Technologies Inc. (TSX-V: WATR) ("CWTI" or "the Company" or "the Corporation"), an emerging technology leader in the management and treatment of industrial and municipal wastewater and drinking water resources, announced today the appointment of Mr. Amin Samra as Senior Sales Manager – Western Canada.

Mr. Samra will be responsible for developing and implementing sales strategies, identifying new market opportunities, and defining short-term and long-term strategic growth plans. Based in Calgary, AB, Amin will immediately be responsible for sales of Pumptronics’ custom automated pumping stations in Western Canada. In time, he will also be responsible for managing the sale of CWTI’s patented water treatment systems. With over 20 years of senior management experience in Canada, USA and the Middle East, Amin will advise the corporation on national and international sales strategies.

For the past 9 years, Amin was the Hydrometry Manager at Westhoff Engineering Resources Inc., Calgary, AB, where he managed the development and customization of hydrometric and environmental monitoring services of water use for various projects requiring regulatory approvals, compliance, and reporting under the regulation of Alberta Environment and Parks, Environment Canada, Cities and Counties.

 

Previously, Amin held senior management positions at several national and international irrigation-focused, engineering corporations where he was responsible for developing and customizing irrigation water management services for agricultural, institutional, commercial, and industrial projects.

Mr. Samra obtained a Master of Science in Irrigation, a Bachelor of Science in Agriculture, and a Diploma of Agricultural Engineering in Soils, Irrigation and Mechanization from the American University of Beirut. He is member of the American Society of Agriculture and Biological Engineers and the Canadian Society of Bioengineering.

Dr. Gene Shelp, the CEO of CWTI, said, “A priority for CWTI is to expand our management team in order to accelerate our sales momentum. Amin’s addition is a decisive step and we are extremely excited to have such an experienced irrigation professional with a proven sales/marketing record to head our newly assembled technical sales team. I have gotten to know Amin over the past 2 years and I believe that he has the talent and conviction to facilitate double digit annual growth in sales over the next 5 years.”

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Current Water Technologies Inc.

Current Water Technologies is a “Technology Company” applying its patented and proprietary “Electrochemical Technologies” to the treatment of waste water, desalination water and drinking water contaminated by metals or nutrients, i.e., nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors. Pumptronics Incorporated operates as a division of the Company and continue to function as an integrated pump station manufacturer specializing in custom design and automation.

The common shares trade on Tier ll of the TSX Venture Exchange under the symbol “WATR”.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

FOR FURTHER INFORMATION PLEASE CONTACT:

Investor Relations
Andreas Curkovic, Proconsul Capital: 416-577-9927

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

Forward Looking Statements

This news release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Current Water Technologies Inc. results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof. Certain statements contained in this press release and in certain documents incorporated by reference into this press release constitute forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and "confident" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Current Water believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release. Current Water undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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