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Exclusive Interview with Forward Water Technologies CEO Howie Honeyman

In a recent interview, Forward Water Technologies (TSXV:FWTC) CEO Howie Honeyman said the company plans to accelerate adoption of its water treatment technology through successful demonstrations and results from on-site projects.

Forward Water’s innovative approach to water treatment has the potential to fundamentally alter how industries manage wastewater with high brine content, offering a low-energy, cost-effective alternative, according to Honeyman.

This low-energy consumption not only minimizes operational costs, but also significantly reduces environmental footprints, paving the way for more sustainable water management practices, he said. The implications are crucial for industries keen on reducing their carbon footprint while maintaining efficiency in operations.

Watch the full interview with Howie Honeyman, CEO of Forward Water Technologies.

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Forward Water Technologies Announces September 30, 2024 Financial Results

Forward Water Technologies Announces September 30, 2024 Financial Results

Forward Water Technologies Corp. (TSXV:FWTC) (the "Company" or "FWTC")) is pleased to announce that it has filed its condensed consolidated interim financial statements and related management's discussion and analysis for the nine months ended September 30, 2024. Copies of these financial statements and related management's discussion and analysis can be found on the Company's issuer profile at www.sedarplus.ca. All financial information in this news release is reported in Canadian dollars, unless otherwise indicated

Nine Months Ended September 30, 2024 Financial Highlights

News Provided by ACCESSWIRE via QuoteMedia

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Forward Water Technologies Corp. Announces Shares for Interest Debt Settlement

Forward Water Technologies Corp. Announces Shares for Interest Debt Settlement

Forward Water Technologies Corp. ("FWTC" or the "Company") (TSXV:FWTC) is pleased to announce that the Company has arranged a shares for debt transaction to settle an aggregate of $9,453.40 in interest accrued up to September 30, 2024 on $300,000 of indebtedness with GreenCentre Canada (the "Indebtedness

The shares for debt settlement is pending final approval from the TSX Venture Exchange (TSXV) which will be followed by the Company issuing 115,285 common shares ("Settlement Shares") at a deemed price of $0.082 per share to GreenCentre Canada. The terms of the Indebtedness permits the issuance of common shares to settle interest owing by the Company at a deemed issue price per share equal to the five day average closing price for the five days preceding the issuance of the shares and subject to TSXV approval pursuant to TSXV Policy 4.3 - Shares for Debt.

News Provided by ACCESSWIRE via QuoteMedia

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Forward Water Technologies Corp. and Fraser Mackenzie Accelerator Corp. announce Closing of Business Combination

Forward Water Technologies Corp. and Fraser Mackenzie Accelerator Corp. announce Closing of Business Combination

Toronto, Ontario // ACCESSWIRE // September 30, 2024 - Forward Water Technologies Corp. ("FWTC") (TSXV:FWTC) and Fraser Mackenzie Accelerator Corp ("FMAC") (TSXV: FMAC.P) are pleased to announce the successful closing of their previously announced business combination (the "Transaction"). The combined company will continue to conduct the business operated by FWTC.

Summary of the Transaction

News Provided by ACCESSWIRE via QuoteMedia

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Forward Water Technologies Corp. Announces Share Consolidation Effective Date

Forward Water Technologies Corp. Announces Share Consolidation Effective Date

Not for distribution to U.S. news wire services or for dissemination in the United States.

Forward Water Technologies Corp. ("FWTC" or the "Company") (TSXV:FWTC) is pleased to announce that, further to its previous press release relating to the business combination with Fraser Mackenzie Accelerator Corp., the consolidation of the outstanding common shares of the Company (each, a "Common Share") on the basis of one post-Consolidation Common Share for every ten pre-Consolidation Common Shares is anticipated to be made effective for trading purposes at the opening on September 27, 2024 (the "Effective Date"). It is anticipated that the Common Shares will begin trading on the TSX Venture Exchange on a post-Consolidation basis at market open on the Effective Date. The new CUSIP of the Common Shares will be 34988A201 and the new ISIN will be CA34988A2011

News Provided by ACCESSWIRE via QuoteMedia

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Fraser Mackenzie Accelerator Corp. Announces Closing of First Tranche of Private Placement

Fraser Mackenzie Accelerator Corp. Announces Closing of First Tranche of Private Placement

Not for distribution to U.S. news wire services or for dissemination in the United States.

Forward Water Technologies Corp. ("FWTC") (TSXV:FWTC) is pleased to announce that, Fraser Mackenzie Accelerator Corp. ("FMAC") today announced that closed the first tranche of its previously announced private placement of subscription receipts of FMAC (the "Subscription Receipts"), consisting of the issuance of an aggregate of 12,292,923 Subscription Receipts at a price of C$0.107 per Subscription Receipt (the "Issue Price") for aggregate gross proceeds of C$1,315,342.76 (the "Offering"). The Offering was completed in connection with the previously-announced arm's length transaction (the "Transaction") proposed to be completed by FMAC and FWTC, further details of which may be found in the prior news releases of FWTC, including the most recent news release of FWTC relating to the Transaction dated July 22, 2024

News Provided by ACCESSWIRE via QuoteMedia

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Lithium Market 2024 Year-End Review

Lithium prices remained low in 2024 on the back of oversupply and weak demand.

Lithium carbonate spent the majority of the year contracting, shedding 22 percent between January and December. Prices started the 12 month period at US$13,160.20 per metric ton (MT) and ended it at US$10,254.16.

The weak price environment was the result of a supply glut, a factor that S&P Global expects to persist in 2025.

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Top 5 Canadian Lithium Stocks of 2024

Ongoing surpluses in the lithium market continued weighing down prices and impeding the sector’s growth throughout 2024.

A broad consolidation prompted analysts to declare that prices have bottomed, signaling a potential recovery ahead.

According to a Sprott Insights report from late July, a lithium shortage could materialize in 2025 and will be exacerbated by the lack of new production able to ramp up quickly.

“There are currently only 101 lithium mines in the world, and even as more mines and exploration projects come online, the added supply may likely not be able to keep up with demand,” Jacob White wrote.

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Lac Carheil Expanded Footprint, Drilling Fully Permitted

Lac Carheil Expanded Footprint, Drilling Fully Permitted

Metals Australia (MLS:AU) has announced Lac Carheil Expanded Footprint, Drilling Fully Permitted

Download the PDF here.

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