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Forward Water Technologies Completes Key Funding Round
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Forward Water Technologies Completes Key Funding Round

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Forward Water Technologies Corp (TSE:FWTC) has released an update.

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Forward Water Technologies Corp. has successfully completed the first part of its private placement, raising over $1.3 million by issuing more than 12 million Subscription Receipts at $0.107 each. The funds contribute to an ongoing transaction with Fraser Mackenzie Accelerator Corp., expected to close by September 30, 2024. This strategic move could significantly reshape the company’s financial and ownership structure.

For further insights into TSE:FWTC stock, check out TipRanks’ Stock Analysis page.

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