Monthly Archives: August 2021

TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (FSE: 977) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, is pleased to announce the appointment of Mr. Dor Sneh as the Company’s new Chief Financial Officer (“CFO“), effective August 28, 2021. Mr. Sneh will oversee all accounting and finance functions, while providing strategic recommendations that ensure all financial solutions, support Water Ways’ evolving growth strategy, vision and mission.

Mr. Sneh, who holds a B.A. in Economics and Accounting from Haifa University, has been with the Company since 2019 and served as its Group Controller. Mr. Sneh began his career, in 2016, in public accounting at PricewaterhouseCoopers (PwC Israel).

Mr. Sneh will replace Mr. Nathanzon as CFO of the Company who had to leave the company unexpectedly for personal reasons.

Mr. Haber and the Board of Directors would like to thank Mr. Nathanzon for his hard work and significant contributions to Water Ways.

“We are thrilled to welcome Dor to Water Ways’ senior management team,” stated Ohad Haber, Water Way’s CEO and Chairman of the Board. “Dor has been working for the Company for the last two and a half years and has done an amazing job in assisting our performances and returning to profitability. His promotion to CFO will assist our growth strategy.”

In addition, the Company plans to announce its second quarter financial results on Monday, August 30, 2021, in a release that will be issued at approximately 4:00 pm (ET). The press release will also be available on the company’s website.

Additionally, the company will hold an Investor Webinar to discuss the results and future outlook of the company on September 14, 2021. The Webinar will be open to all and a press release will follow shortly with the registration sign-up link.

At the live webinar, CEO Ohad Haber take audience questions on the Company’s Q2/21 results as well as discuss:

• Results of Q2 and H1 2021;
• Latest projects including the Company’s Vietnam Project;
• Latest Financing and Strategic Direction of the company;
• Agro-Tech as critical to food production and global water conservation; and
• Future outlook for Investors.

Water Ways Technologies is capitalizing on the opportunities presented by micro and intelligent irrigation. It also makes a positive and enduring impact on society by making these technologies more widely available, especially in developing markets such as Africa and Latin America and developed markets such as China and Canada.

About Water Ways Technologies
Water Ways Technologies Inc., through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. Water Ways Technologies competes in the global irrigation water systems market with a focus on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. At present, Water Ways Technologies’ main revenue streams are derived from the following business units: (i) Projects Business Unit; and (ii) Component and Equipment Sales Unit. Water Ways Technologies is capitalizing on the opportunities presented by micro and smart irrigation, while also making a positive mark on society by making these technologies more widely available, especially in developing markets such as Africa and Latin America and developed markets such as China and Canada. Water Ways Technologies irrigation projects include vineyards, Cotton fields, Apple and Orange orchards, Blueberries, Medical Cannabis, fresh produce cooling rooms and more, in over 15 countries.

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

Forward-Looking Statements
Certain statements contained in this press release constitute “forward-looking information” as such term is defined in applicable Canadian securities legislation. The words “may”, “would”, “could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions as they relate to Water Ways. All statements other than statements of historical fact may be forward-looking information. Such statements reflect Water Ways’ current views and intentions with respect to future events, and current information available to Water Ways, and are subject to certain risks, uncertainties and assumptions. Material factors or assumptions were applied in providing forward-looking information. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Should any factor affect Water Ways in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, Water Ways does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and Water Ways undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law. Water Ways’ results and forward-looking information and calculations may be affected by fluctuations in exchange rates. All figures are in Canadian dollars unless otherwise indicated.

TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (FSE: 977) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, is pleased to announce the appointment of Mr. Dor Sneh as the Company’s new Chief Financial Officer (“CFO“), effective August 28, 2021. Mr. Sneh will oversee all accounting and finance functions, while providing strategic recommendations that ensure all financial solutions, support Water Ways’ evolving growth strategy, vision and mission.

Mr. Sneh, who holds a B.A. in Economics and Accounting from Haifa University, has been with the Company since 2019 and served as its Group Controller. Mr. Sneh began his career, in 2016, in public accounting at PricewaterhouseCoopers (PwC Israel).

Mr. Sneh will replace Mr. Nathanzon as CFO of the Company who had to leave the company unexpectedly for personal reasons.

Mr. Haber and the Board of Directors would like to thank Mr. Nathanzon for his hard work and significant contributions to Water Ways.

“We are thrilled to welcome Dor to Water Ways’ senior management team,” stated Ohad Haber, Water Way’s CEO and Chairman of the Board. “Dor has been working for the Company for the last two and a half years and has done an amazing job in assisting our performances and returning to profitability. His promotion to CFO will assist our growth strategy.”

In addition, the Company plans to announce its second quarter financial results on Monday, August 30, 2021, in a release that will be issued at approximately 4:00 pm (ET). The press release will also be available on the company’s website.

Additionally, the company will hold an Investor Webinar to discuss the results and future outlook of the company on September 14, 2021. The Webinar will be open to all and a press release will follow shortly with the registration sign-up link.

At the live webinar, CEO Ohad Haber take audience questions on the Company’s Q2/21 results as well as discuss:

• Results of Q2 and H1 2021;
• Latest projects including the Company’s Vietnam Project;
• Latest Financing and Strategic Direction of the company;
• Agro-Tech as critical to food production and global water conservation; and
• Future outlook for Investors.

Water Ways Technologies is capitalizing on the opportunities presented by micro and intelligent irrigation. It also makes a positive and enduring impact on society by making these technologies more widely available, especially in developing markets such as Africa and Latin America and developed markets such as China and Canada.

About Water Ways Technologies
Water Ways Technologies Inc., through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. Water Ways Technologies competes in the global irrigation water systems market with a focus on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. At present, Water Ways Technologies’ main revenue streams are derived from the following business units: (i) Projects Business Unit; and (ii) Component and Equipment Sales Unit. Water Ways Technologies is capitalizing on the opportunities presented by micro and smart irrigation, while also making a positive mark on society by making these technologies more widely available, especially in developing markets such as Africa and Latin America and developed markets such as China and Canada. Water Ways Technologies irrigation projects include vineyards, Cotton fields, Apple and Orange orchards, Blueberries, Medical Cannabis, fresh produce cooling rooms and more, in over 15 countries.

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

Forward-Looking Statements
Certain statements contained in this press release constitute “forward-looking information” as such term is defined in applicable Canadian securities legislation. The words “may”, “would”, “could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions as they relate to Water Ways. All statements other than statements of historical fact may be forward-looking information. Such statements reflect Water Ways’ current views and intentions with respect to future events, and current information available to Water Ways, and are subject to certain risks, uncertainties and assumptions. Material factors or assumptions were applied in providing forward-looking information. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Should any factor affect Water Ways in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, Water Ways does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and Water Ways undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law. Water Ways’ results and forward-looking information and calculations may be affected by fluctuations in exchange rates. All figures are in Canadian dollars unless otherwise indicated.

TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, is pleased to announce its shares being quoted for trade on the Frankfurt Stock Exchange (FSE) under the symbol 977.

Ohad Haber Water Ways’ CEO and Chairman, commented: “We are very pleased to have Water Ways’ shares quoted on the Frankfurt Stock Exchange, which will provide Water Ways access to a large number of new and diverse potential investors that will help to expand our shareholder base and increase liquidity.”

About Water Ways Technologies

Water Ways Technologies Inc., through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. Water Ways Technologies competes in the global irrigation water systems market with a focus on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. At present, Water Ways Technologies’ main revenue streams are derived from the following business units: (i) Projects Business Unit; and (ii) Component and Equipment Sales Unit. Water Ways Technologies is capitalizing on the opportunities presented by micro and smart irrigation, while also making a positive mark on society by making these technologies more widely available, especially in developing markets such as Africa and Latin America and developed markets such as China and Canada. Water Ways Technologies irrigation projects include vineyards, Cotton fields, Apple and Orange orchards, Blueberries, Medical Cannabis, fresh produce cooling rooms and more, in over 15 countries.

For more information, please contact

https://www.water-ways-technologies.com/

Twitter: @WaterWaysTechn1

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

Forward-Looking Statements

Certain statements contained in this press release constitute “forward-looking information” as such term is defined in applicable Canadian securities legislation. The words “may”, “would”, “could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions as they relate to Water Ways. All statements other than statements of historical fact may be forward-looking information. Such statements reflect Water Ways’ current views and intentions with respect to future events, and current information available to Water Ways, and are subject to certain risks, uncertainties and assumptions. Material factors or assumptions were applied in providing forward-looking information. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Should any factor affect Water Ways in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, Water Ways does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and Water Ways undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law. Water Ways’ results and forward-looking information and calculations may be affected by fluctuations in exchange rates. All figures are in Canadian dollars unless otherwise indicated.

TORONTO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers announces that the Company has received an order to deliver a Medjool date growing and cultivation project in Vietnam. The agreement was signed with a Vietnamese company that will grow the Medjool dates. The Company’s expected revenue valued at CAD$900,000 and includes the following services:

• Planning the cultivation of the dates;
• Delivering the Medjool date young plants; and
• Designing the irrigation and fertilization system.

Ohad Haber, Chairman and Chief Executive Officer, commented, “The Medjool date is considered superior to other varieties, full of minerals, vitamins, antioxidants, and fibers. For the first time, we are delivering a complete cultivation project. Our ability to provide the know-how to grow Medjool dates will create a strong foothold for us in Vietnam’s agriculture market.”

According to the Israeli Export Institute three out of every four Medjool dates consumed in the world last year, were grown in Israel. In addition, Israel annually produces between 65% and 75% of all Medjool dates exported globally, and dates have become a major growth driver for the Israeli agriculture sector.

About Water Ways Technologies

Water Ways Technologies Inc., through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. Water Ways Technologies competes in the global irrigation water systems market with a focus on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. At present, Water Ways Technologies’ main revenue streams are derived from the following business units: (i) Projects Business Unit; and (ii) Component and Equipment Sales Unit. Water Ways Technologies is capitalizing on the opportunities presented by micro and smart irrigation, while also making a positive mark on society by making these technologies more widely available, especially in developing markets such as Africa and Latin America and developed markets such as China and Canada. Water Ways Technologies irrigation projects include vineyards, Cotton fields, Apple and Orange orchards, Blueberries, Medical Cannabis, fresh produce cooling rooms and more, in over 15 countries.

For more information, please contact

https://www.water-ways-technologies.com/

Twitter: @WaterWaysTechn1

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

Forward-Looking Statements

Certain statements contained in this press release constitute “forward-looking information” as such term is defined in applicable Canadian securities legislation. The words “may”, “would”, “could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions as they relate to Water Ways. All statements other than statements of historical fact may be forward-looking information. Such statements reflect Water Ways’ current views and intentions with respect to future events, and current information available to Water Ways, and are subject to certain risks, uncertainties and assumptions. Material factors or assumptions were applied in providing forward-looking information. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Should any factor affect Water Ways in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, Water Ways does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and Water Ways undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law. Water Ways’ results and forward-looking information and calculations may be affected by fluctuations in exchange rates. All figures are in Canadian dollars unless otherwise indicated.

TORONTO, Aug. 09, 2021 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, is pleased to announce that it has, further to its two recently announced (see press releases date June 30, 2021 and July 27, 2021) oversubscribed private placement escrow closings (the “Financing“), fulfilled all escrow conditions for both tranches, resulting in the release from escrow, to the Company, of an aggregate amount of CAD$4,444,742 (the “Aggregate Gross Proceeds“).

Pursuant to the Financing the Company issued an aggregate of 37,039,516 units (the “Units“) at a price of CAD$0.12 per Unit. Each Unit is composed of one common share of the Company and one common share purchase warrant (the “Warrant“). Each whole Warrant entitles the holder thereof to acquire one additional common share of the Company (each a “Warrant Share“), upon payment to the Company of CAD$0.18 per Warrant Share until June 30, 2024 (in respect of 27,016,666 Warrants) and August 3, 2024 (in respect of 10,022,850 Warrants), however, that if, following July 1, 2022, the volume weighted average price of the Common Shares of the Company for any 10 consecutive trading days equals or exceeds CAD$0.24, the Company may, upon providing written notice to the holders of the Warrants, accelerate the expiry date of the Warrants to the date that is 30 days following the date of such written notice.

In connection with the Financing the Company issued: (i) an aggregate cash payment of CAD$310,436, an amount equal to 7% of the Aggregate Gross Proceeds; and (ii) issued 3,388,801 Finder Warrants, an amount equal to 9% of the Units sold pursuant to the Financing (“Finder Warrants“). Each Finder Warrant will be exercisable into one Unit upon payment by the holder thereof of CAD$0.12 per Unit, until June 30, 2024, in respect of 2,161,333 Finders Warrants, and August 3, 2024, in respect of 1,227,468 Finder Warrants.

Ohad Haber, Chairman and Chief Executive Officer, commented: “The closing of this financing provides us with the financial strength to execute our business plan and pursue the significant global market opportunities, assisting us in our future growth and profitability. We experienced increased investor demand, which allowed the Company to increase the size of the financing. I would like to thank all the investors in Canada and Israel for their confidence in the Water Ways strategy, many of whom have been valued shareholders from our RTO in 2019 and participated in this financing as well.“

About Water Ways Technologies

Water Ways Technologies Inc., through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. Water Ways Technologies competes in the global irrigation water systems market with a focus on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. At present, Water Ways Technologies’ main revenue streams are derived from the following business units: (i) Projects Business Unit; and (ii) Component and Equipment Sales Unit. Water Ways Technologies is capitalizing on the opportunities presented by micro and smart irrigation, while also making a positive mark on society by making these technologies more widely available, especially in developing markets such as Africa and Latin America and developed markets such as China and Canada. Water Ways Technologies irrigation projects include vineyards, Cotton fields, Apple and Orange orchards, Blueberries, Medical Cannabis, fresh produce cooling rooms and more, in over 15 countries.

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

Forward-Looking Statements

Certain statements contained in this press release constitute “forward-looking information” as such term is defined in applicable Canadian securities legislation. The words “may”, “would”, “could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions as they relate to Water Ways. All statements other than statements of historical fact may be forward-looking information. Such statements reflect Water Ways’ current views and intentions with respect to future events, and current information available to Water Ways, and are subject to certain risks, uncertainties and assumptions. Material factors or assumptions were applied in providing forward-looking information. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Should any factor affect Water Ways in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, Water Ways does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and Water Ways undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law. Water Ways’ results and forward-looking information and calculations may be affected by fluctuations in exchange rates. All figures are in Canadian dollars unless otherwise indicated.