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Current Water Technologies Inc. Launches $350,000 Private Placement to Fund Operations

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Current Water Technologies Inc. Launches $350,000 Private Placement to Fund Operations

An update from Current Water Technologies Inc ( (TSE:WATR) ) is now available.

Current Water Technologies Inc. announced a non-brokered private placement financing of up to $350,000, offering 11,666,667 common shares at $0.03 each, without share purchase warrants. The funds will be allocated towards equipment sales activities and general working capital, with the transaction set to close around February 14, 2025, pending regulatory approvals.

More about Current Water Technologies Inc

Current Water Technologies Inc. is a technology company specializing in patented electrochemical technologies for treating wastewater, desalination water, and drinking water contaminated with metals or nutrients. The company serves various sectors including mining, metal processing, chemical, agricultural, municipal, and waste management. It also includes a division, Pumptronics Incorporated, that focuses on custom design and automation of integrated pump stations.

YTD Price Performance: -16.67%

Average Trading Volume: 207,791

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$5.72M

For detailed information about WATR stock, go to TipRanks’ Stock Analysis page.

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