Forward Water Technologies Announces an Early Development Contract

Forward Water Technologies Corp. ("Forward Water" or the "Company") (TSXV:FWTC) announces that it has secured an early development contract to support a prominent western Canadian lithium company to further optimize lithium isolation

Ensuring proficient lithium capture is essential to minimize costs, limit the consumption of water, and provide the highest quality battery-grade lithium materials. Guaranteeing a steady supply of this mineral while minimalizing the carbon footprint associated with their production and trade is critical to building a sustainable future. Using Forward Waters low energy demand forward osmosis process to concentrate the brines will lead to new and more efficient processing methods for mineral recovery. Recent studies in the Company's labs using real-world brines have shown that highly effective concentration, using their forward osmosis process, can be readily achieved, especially in the lithium sector. In many cases, over 90% of the water can be removed from the brines leading to a >10x increase in lithium concentration. President and CEO, Mr. Honeyman comments, "FWTC's unique ability to concentrate challenging brines throughout the lithium processing path positions FWTC to be an exceptionally useful tool for lithium production. Working cooperatively with Canadian producers allows us to magnify both of our opportunities.".

The government of Canada has estimated a lithium resource of approximately 2.9 million tonnes and with the use of this new technology solution, there will be a direct effect on the manufacturer's carbon footprint both in the manufacturing process and the emission of greenhouse gasses. Through the use of this new technology, compared to the current methods of disposal, large energy savings will be recognized for the sustainability of the country. This is especially important as the demand for materials such as lithium is expected to vastly outstrip supply for many years to come.

About Forward Water Technologies Corp.

Forward Water Technologies Corp. is a publicly-traded Canadian company dedicated to saving the earth's water supply using its patented Forward Osmosis technology. The Company was founded by Green Centre Canada a leading technology innovation centre, supported by the government of Canada. The Company's technology allows for the reduction of challenging waste streams simultaneously returning fresh water for re-use or surface release. The Company's mandate is to focus on the large-scale implementation of its technology in multiple sectors, including industrial wastewater, oil and gas, mining, agriculture and ultimately municipal water supply and re-use market sectors. For more information, please visit www.forwardwater.com.

Mr. Howie Honeyman, Ph.D., President & Chief Executive Officer
Forward Water Technologies Corp.
howie.honeyman@forwardwater.com
Phone: (519) 333-5888

For further information please contact:
Kayla.ferderber@forwardwater.com

Forward-Looking Statements

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, the ability to scale the technology and the adoption of the technology by potential customers.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: unanticipated operating events; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility as well as the other risks and uncertainties applicable to the Company as outlined in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information.

Neither TSX Venture Exchange 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 news release.

SOURCE:Forward Water Technologies Corp.

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Forward Water Technologies TSXV:FWTC Battery Metals Investing

FWTC:CA

Forward Water Technologies Announces Third Quarter Financial Results

Forward Water Technologies Corp. (TSXV:FWTC) (the "Company" or "FWTC") is pleased to announce that it has filed its condensed consolidated un-audited financial statements and related management's discussion and analysis for the three and nine months ended December 31, 2022 and 2021. Copies of these financial statements and related management's discussion and analysis can be found on the Company's issuer profile at www.sedar.com. All financial information in this news release is reported in Canadian dollars, unless otherwise indicated

Q3 Financial Highlights

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Agoracom Renewal
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About Forward Water Technologies Corp.

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Forward Water Technologies Corp. Issues Shares for Payment of Services by AGORA Internet Relations Corp.

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The Company has received significant exposure through millions of content brand insertions on the AGORACOM network and extensive search engine marketing over the last six months. In addition, exclusive sponsorships of invaluable digital properties such as AGORACOM TV, the AGORACOM home page and the AGORACOM Twitter account have served to significantly raise the brand awareness of the Company among small cap investors.

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Ongoing adoption of electric vehicles, more technology in automobiles, and lighter and more efficient batteries can create opportunities for companies in many sectors. Executives involved in different parts of the electric vehicle and auto tech markets will discuss future opportunities and sector changes.

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The hybrid power plant consists of a thermal generation facility, which is already in operation, and a solar and battery facility, consisting of a 2.6MW solar PV facility and a 1MWh battery energy storage system. The thermal facility currently supplies all of the plant's power requirement, and once completed, the solar and battery facility will provide up to 33% of the mine's total electricity needs using renewable energy.

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Argentina Lithium Engages Investor Relations Consultant

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Ultra Lithium Cuts 1.81 Percent Lithium Oxide Over 10 Meters in Channel Samples at the Forgan Lake Lithium Property Northwestern Ontario

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Bradda Head Lithium Limited	+44 (0) 1624 639 396
Charlie FitzRoy, CEO Denham Eke, Finance Director

Beaumont Cornish (Nomad) James Biddle/Roland Cornish	+44 20 7628 3396

Peterhouse (Joint Broker)	+44 207 469 0930
Charles Goodfellow Duncan Vasey Lucy Williams

Shard Capital (Joint Broker)	+44 207 186 9927
Damon Heath Isabella Pierre

Red Cloud (North American Broker)	+1 416 803 3562
Joe Fars

Tavistock (PR)	+ 44 20 7920 3150
Nick Elwes Adam Baynes	braddahead@tavistock.co.uk

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:			Bradda Head Lithium Limited
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer						X
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Details of person subject to the notification obligation
Name			Waratah Capital Advisors Ltd.
City and country of registered office (if applicable)			Toronto, Canada
4. Full name of shareholder(s) (if different from 3.)
Name			Li Equities Investments LP and Electrification and Decarbonization AIE LP
City and country of registered office (if applicable)			Toronto, Canada
5. Date on which the threshold was crossed or reached:			12/03/2023
6. Date on which issuer notified (DD/MM/YYYY):			17/03/2023
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer (8.A + 8.B)
Resulting situation on the date on which threshold was crossed or reached	12.26%	N/A		12.26%	47,881,475
Position of previous notification (if applicable)	7.27%	N/A		7.27%	28,400,000

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached^viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights^ix					% of voting rights
		Direct (DTR5.1)		Indirect (DTR5.2.1)			Direct (DTR5.1)		Indirect (DTR5.2.1)
VGG154091083		47,881,475		N/A			12.26%		N/A

SUBTOTAL 8. A		47,881,475					12.26%

B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration date	Exercise/ Conversion Period			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights

			SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration date^x		Exercise/ Conversion Period		Physical or cash Settlement			Number of voting rights	% of voting rights
N/A
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer ^xiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)				X
Name	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Electrification and Decarbonization AIE LP	7.27%	N/A	7.27%
Li Equities Investments LP	4.99%	N/A	4.99%
Waratah Advisors GP I Limited	0%	N/A	0%
Waratah Capital Advisors Ltd.	0%	N/A	0%
2401261 Ontario Inc.	0%	N/A	0%

10. In case of proxy voting, please identify:
Name of the proxy holder		N/A
The number and % of voting rights held		N/A
The date until which the voting rights will be held		N/A

11. Additional information
Waratah Advisors GP I Limited is the general partner of Electrification and Decarbonization AIE LP and Li Equities Investments LP and has delegated investment management to Waratah Capital Advisors Ltd. ("Waratah"), which is a wholly owned subsidiary of 2401261 Ontario Inc. Holdings in items 7 and 8 of this document are consolidated for both Electrification and Decarbonization AIE LP ("E&D") and Li Equities Investments LP ("Li Equities"). Please refer to item 9 for a breakdown of holdings by entity. On March 12, 2023, the Bradda Head Lithium Limited shares previously held by Lithium Royalty Corp. ("LRC") were transferred to a new entity managed by Waratah, Li Equities. This form is being submitted solely for the acquisition of shares by Li Equities and not for the disposition by LRC. It should be read in conjunction with the TR-1 filed on the same date by Waratah on behalf of LRC and E&D. Before the asset transfer on March 12, 2023, Waratah's position was as follows: E&D held 28,400,000 shares of Bradda Head Lithium Limited. LRC held 19,481,475 shares of Bradda Head Lithium Limited. Li Equities did not hold any shares of Bradda Head Lithium Limited. As a result of the asset transfer on March 12, 2023, Waratah's position is as follows: E&D held 28,400,000 shares of Bradda Head Lithium Limited. LRC did not hold any shares of Bradda Head Lithium Limited. Li Equities held 19,481,475 shares of Bradda Head Lithium Limited. This notification is being made pursuant to Regulation 25.3 of the issuer's articles of association and pursuant to DTR5.

Place of completion	Toronto, Canada
Date of completion	17/03/2023

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Forward Water Technologies Announces an Early Development Contract