Equitas (EQT:V) Closes Final Tranche of Financing
Equitas Resources Corp. Closes Final Tranche of Private Placement, Raising over $1.9M
Equitas Resources Corp. has closed the second and final tranche of the private placement that was announced on Sept. 10, 2015. This closing included gross proceeds raised of $309,500.
The company has issued 2,476,000 units at 12.5 cents per unit. Each unit consists of one common share and one share purchase warrant. Every share purchase warrant entitles the holder to purchase one common share at a price of 25 cents for 12 months after the closing.
Combining both tranches, the company issued a total of 10,887,393 units for combined gross proceeds of $1,360,924. In addition, since Sept. 1, 2015, the company has received over $550,000 through the exercise of share purchase warrants and stock options.
All securities hereunder are subject to a four-month-and-one- day hold from the closing date. Finders’ fees paid in conjunction with this closing were $10,625 cash and the issuance of 64,000 share purchase warrants exercisable for 12 months from closing at 25 cents per share.
The proceeds received from the units will be used by the company for continuing exploration and drilling of the company’s Garland nickel project, corporate development, and general and administrative purposes.
International Wastewater Systems (IWS:CSE) completes RTO
INTERNATIONAL WASTEWATER SYSTEMS INC. COMPLETES RTO
International Wastewater Systems Inc. (IWS:CSE) (formerly Amana Copper Ltd.) has completed the acquisition of International Wastewater Heat Exchange Systems Inc. (IWHES), pursuant to a share exchange agreement dated Sept. 4, 2015. The Transaction constituted a reverse takeover and a fundamental change under the policies of the Canadian Securities Exchange (“CSE”).
IWHES is a world leader in state-of-the-art wastewater heat exchange systems. Using direct heat exchange from untreated wastewater, IWHES technology provides the most energy-efficient, cost-effective and environmentally-friendly solutions for heating, cooling and hot water for any building.
Pursuant to the terms of the Agreement, the Company issued to IWHES’ shareholders a total of 45,000,000 common shares in the capital of the Company (the “Common Shares”). The Common Shares issued to IWHES’ shareholders are subject to escrow as required by applicable securities laws and CSE requirements.
In connection with the Transaction, IWHES also acquired shares of IWWS (UK) Limited, a subsidiary of IWHES, from minority shareholders, such that IWWS (UK) Limited is now wholly-owned by IWHES. In consideration for the minority interests in IWWS (UK), the Company has issued an aggregate of 2,000,000 Common Shares, 500,000 options to purchase Common Shares for a period of five years at an exercise price of $0.42, and may grant up to an additional 2,000,000 Common Shares upon IWWS (UK) Limited achieving certain future financial milestones.
Appointment of Directors and Officers
In connection with the Transaction, the Company is pleased to announce the appointments of Mr. Lynn Mueller, Mr. Mark McCooey, and Mr. Paul Lee to the board of directors of the Company.
Mr. Lynn Mueller has also been appointed Chairman and Chief Executive Officer of the Company and Mr. Yaron Conforti remains as the Company’s Chief Financial Officer and a Director.
Lynn Mueller, Chairman, Chief Executive Officer and Director
Mr. Lynn Mueller is the co-founder and serves as Chief Executive Officer of International Wastewater Heat Exchange Systems Inc. Mr. Mueller has over 25 years of experience with energy efficiency and renewable energy systems. He has served as president of WaterFurnace Canada and WaterFurnace International and founded Pacific Geo-Exchange Inc. and Earth Source Energy Inc..
Paul Lee, Director
Mr. Paul Lee is the President and CEO of Lee Energy Systems, an oilfield tool company. From 1990-2010 Mr. Lee was President and CEO of DSI Industries. Mr. Lee has extensive experience in the innovation, development and commercialization of products in the oilfield services sector.
Mark McCooey, Director
Mr. Mark McCooey, CGA, has been the Chief Executive Officer and Chief Financial Officer of SEI Industries for over 25 years. SEI is a world leader in the design, engineering and manufacturing of products from innovative industrial fabrics. Mr. McCooey has acted as a senior executive and board member for a number of private and public companies in the areas of renewable energy and sustainable development.
Name Change and New Trading Symbol
In connection with the Transaction, the Company changed its name to International Wastewater Systems Inc. and its trading symbol to IWS (formerly “AMA”) to reflect the Company’s new business.
Additional information on the Transaction and the business of IWHES is provided in the Company’s CSE Form 2A Listing Statement which is available under the Company’s SEDAR profile at www.sedar.com.
Mobi724 Global Solutions Inc. (MOS:CSE) Conversion of Debenture and Bona Fide Debt
Mobi724 Global Solutions Inc. (MOS:CSE) Conversion of Debenture and Bona Fide Debt
Mobi724 Global Solutions Inc. (“Mobi724” or the “Company”) (MOS:CSE), a technology leader in the digital incentives, couponing and payment space, announces that on October 20th, 2015 the debenture of $1,900,000 issued between April and July 2014 (the “April-July 2014 Debenture”) was converted into common shares of the Company. The capital and interest accrued up to October 20th, 2015 of the April-July 2014 Debenture, which amounted to $2,190,507, were converted at a price of $1.00 per common share. Pursuant to the terms of the April-July 2014 Debenture each converted common share carries with it a ¾ purchase warrant with an exercise price of $1.45 which expires 24 months from the date of issuance. As a result of the aforementioned conversion, 2,190,507 common shares and 1,642,880.19 purchase warrants were issued.
The Company further announces that today it converted bona fide debts owing to its suppliers, employees, consultants and creditors (the “Interested Parties”) totalling $931,208.98 into common shares of the Company (the “Debt to Equity Transaction”) at an average conversion price of $0.17 per share. As a result of this Debt to Equity Transaction the Company issued 5,575,029 common shares to the Interested Parties.
About Mobi724 Global Solutions
Mobi724 Global Solutions (MOS:CSE), a corporation based in Montreal, Canada, is a technology leader whereas we offer a unique fully integrated suite of solutions – PAYMENT-COUPONING AND LOYALTY all in one.
Our vision is to leverage commoditized payment transactions with layers of intelligence on top of these transactions (smart transactions) and enhance their value for the players in this eco-system: customers, banks, mobile carriers and retailers in a seamless experience.
Mobi724 Global Solutions unleashes the true potential of both payment and couponing/rewards transactions for both online and offline points of sale.
The Corporation is fully dedicated to deliver unique “real time” and seamless digital promotional incentives (coupons including card linked coupons, bank cards, loyalty rewards) embedded into the most secured payment environment. The Corporation provides to its customers full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.
Their credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
Mobi724 PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
Sirona Presents New Results From Glycoprotein Program at BIO-Europe
Sirona Biochem Presents New Results From Glycoprotein Program at BIO-Europe
Sirona Biochem Corp. (TSX VENTURE: SBM) (FRANKFURT: ZSB) (the “Company“) announces that its Chief Business Development Officer, Attila Hajdu, will be presenting at BIO-Europe on November 4, 2015, at 10:15 am GMT at the International Congress Centre in Munich, Germany.
New results from the glycoprotein program for anti-aging and regenerative medicine will be presented, including positive efficacy data and potential new collaborative projects with cosmetic companies.
The conference is attended by major multinational pharmaceutical corporations and provides further opportunities to engage leading companies in partnering discussions for the newest skin-lightener, SBM-TFC-1067 (1067) and the glycoprotein compounds SBM-TFC-837,1165 and 1287.
“Clearly, we have significantly progressed partnering discussions for 1067 with a select group of companies that have been testing our compound since June, including formulation testing,” said Attila Hajdu. “This conference provides an opportunity to broaden the base of companies interested in licensing 1067. We were very excited about the interest from several new companies following Cosmetic 360 in Paris.”
Major companies attending the conference include Allergan, GSK, JT Pharma, Pfizer and many others.
BIO-Europe® is the EBD Group’s flagship conference, and continues the tradition of providing life science companies with high caliber partnering opportunities. BIO-Europe is organized by EBD Group, the leading partnering firm for the global biotechnology industry, in alliance with the Biotechnology Industry Organization (BIO). For more information please visit the conference website at http://www.ebdgroup.com/bes.
About Sirona Biochem
Sirona Biochem is a cosmetic ingredient and drug discovery company with a proprietary technology platform developed at its laboratory facility in France. The Company specializes in the stabilization of carbohydrate molecules, with the goal of improving compounds’ efficacy and safety. Sirona Biochem’s compounds are patented as new chemical entities for maximum commercial protection and revenue potential. Newly developed compounds are licensed to leading companies around the world in return for licensing and milestone fees and ongoing royalty payments. TFChem, Sirona Biochem’s wholly-owned French laboratory, is a recipient of multiple French national scientific awards and a European Union and French government grant. For more information visit www.sironabiochem.com.
- Published in Blog, Life Sciences
Equitas Resources Completes Four Holes at Garland
Equitas Resources Corp. Updates Exploration Program on its Garland Nickel-Copper Property
Equitas Resources Corp. (TSXv: EQT) (FSE: T6UN) (“Equitas” or the “Company”) is pleased to provide an update on its exploration program at the Garland nickel-copper property in Labrador, Canada.
To date, four NQ diamond drill holes, totaling 1515m have been completed. The objective of the drill program is to evaluate the remaining ten areas of conductivity prospective for nickel-copper sulphides identified through the VTEM Plus airborne survey. Of these anomalies, drilling has tested anomalies D, C, J and Q. A total of 173 samples have been sent to Activation Laboratories in Ancaster, ON for analysis, and samples are being selected for petrographic study.
Field evaluation of the twelve VTEM anomaly areas continues with Crone large loop PEM surveys. A total of 30 line km of Crone large loop Pulse Electromagnetic Survey (PEM) has been read on anomalies A, B, C, Q, G, J and I. Results of Crone borehole PEM surveys are being interpreted. Field operations to explore the remaining anomalies will continue until conditions deteriorate into winter.
In addition, the Company is conducting petrographic analysis on several samples from anomalies D and J. While weather conditions have created general delays in the program, field operations are continuing on site. A full geophysics and drilling update will be provided upon receipt and interpretation of results.
“We are satisfied with the progress of work completed to date, and await full results from the current program. Despite a very tough financing climate, Equitas is well-funded to execute on our plans to evaluate all anomalies identified on the Garland property.” said Everett Makela, Equitas’ VP Exploration.
NI 43-101 Disclosure
Everett Makela, P. Geo., VP Exploration for Equitas Resources Corp., a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.
About Equitas Resources Corp.
Equitas Resources is a Canadian-based mineral exploration company with a focus on nickel, copper, platinum group metals (PGM) and cobalt. The Companies Garland Property is 23,386 hectares and located in the Voisey’s Bay district of Labrador, Canada.
First Berlin – Sirona Biochem Corp. Research Update
First Berlin Equity Research has published a research update on Sirona Biochem Corp. (SBM:tsxv) (ISIN: CA82967M1005). Analyst Ellis Acklin reiterated his BUY rating and maintained his CAD 0.90 price target.
This is an abbreviated summary. The full text of this story is included just below.
Abstract:
Sirona published Q3/15 figures for the period ending 31 July (FYE: October). As expected, the period centred mainly on R&D activities and no sales were generated. Although operating costs increased Q/Q, the nine month results were in line with our expectations. In the recent quarter, Sirona also reported the scale-up of TFC-1067 and we learned that TFC-837 is currently being evaluated by a leading cosmetic company. The company also recently received a cash boost from exercised warrants. We remain positive on the progress of Sirona’s pipeline and reiterate our BUY recommendation with a CAD0.90 price target.
Financial Forecasts: |
2012 |
2013 |
2014 |
2015E |
2016E |
2017E |
Revenue (CADm) |
0.00 |
0.00 |
0.00 |
0.00 |
7.26 |
18.51 |
EBIT (CADm) |
-3.02 |
-2.64 |
-3.48 |
-3.80 |
3.66 |
15.02 |
EPS (diluted) (CAD) |
-0.04 |
-0.03 |
-0.03 |
-0.03 |
0.02 |
0.08 |
FCF (CADm) |
-2.22 |
-2.62 |
-2.09 |
-4.10 |
1.74 |
10.86 |
First Berlin – Sirona Biochem Corp. Equity Research – October 15, 2015.
- Published in Blog, Business, Life Sciences
Amana & IWS Provide Corporate Update
Amana & International Wastewater Systems Provide Corporate Update
Amana Copper Ltd. is providing shareholders with a corporate update from International Wastewater Systems (IWS). Amana and IWS are nearing completion of a transaction whereby Amana will acquire 100 per cent of IWS.
IWS has continued to ramp sales during the third quarter of 2015 with significant growth in its pipeline of projects in new and existing markets worldwide. Robust demand for IWS’s proven wastewater heat recovery systems is further supported by recent funding commitments from leading institutional green energy investors in Europe and a public utility project in the United States. Recent highlights from IWS include:
GBP 4 million investment from Equitix and the UK Green Investment Bank plc (GIB)
IWS’s UK-based subsidiary (SHARC Energy Systems) has secured a GBP 4 million (approx. CDN $8 million) investment from Equitix and the UK Green Investment Bank plc (GIB) to finance the installation of IWS’s proprietary SHARC sewage heat recovery system under Heat Purchase Agreements. The investment is being led by Energy Saving Investments (ESI), an Equitix-managed fund in which GIB is a cornerstone investor. ESI is investing GBP 2m (approx. CDN $4 million) in the program and an additional GBP 2m of private sector capital is committed from the Equitix Energy Efficiency Fund (EEEF).
Equitix-funded Installation at Borders College, Scotland
The GBP 4 million (approx. CDN $8 million) commitment from Equitix and GIB has already been drawn down to support the first project under this facility. The inaugural project, a SHARC installation at Borders College, located in the south east of Scotland and with 5,500 students, also represents the first European installation for IWS. Borders College has entered into a Heat Purchase Agreement and will purchase the heat generated from IWS at a discount to natural gas prices over a 20 year period. The system that has been designed for the College will deliver 95{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the College’s heat requirements.
New IWS installation in the United States
IWS has received a purchase order for the installation of a SHARC wastewater heat recovery system in Camden County, New Jersey, USA. The order is expected to ship in December 2015. The SHARC will produce 1.3 M BTU/hour that will heat the building by extracting energy from inflowing sewage. This is IWS’s second installation at a wastewater treatment plant, highlighting the adoption of IWS’s technology by municipalities and governments.
New IWS installations in Canada
SHARC systems will be installed at two, newly built luxury Canadian condominium projects in late 2015 and early 2016.
Wall Centre Central Park in Vancouver, BC was designed by GBL Architects and Sterling Cooper Consultants to meet LEED trademark Gold standards. The SHARC system will assist with building hot water production. Phase 1 consists of two towers, 33 and 36 stories and townhomes. www.wallcentrecentralpark.com
Empire at QE Park in Vancouver, BC is a prestigious residential community on Vancouver’s west side and has attained LEED trademark Gold certification. The building consists of 160 units. IWS’s wastewater heat recovery system will be used as the first stage heating source for space and water heating in the building, with a nominal heating capacity of 300,000 BTU/hour. www.empireqe.com
Amana will continue to update shareholders on IWS business activities and completion of the Transaction between Amana and IWS.
We seek Safe Harbor.
Amana Receives Approval For IWS Acquisition & to Resume Trading at Open
Amana (AMA:CSE) Receives CSE Approval For Acquisition of IWS & to Resume Trading at Open
Amana Copper Ltd.’s proposed acquisition of International Wastewater Systems Inc. has been conditionally approved by the Canadian Securities Exchange, subject to receipt of final documentation.
Additional information concerning the transaction is provided in the company’s news release dated Sept. 9, 2015, and in the company’s CSE listing statement, which has been filed and is available under the company’s SEDAR profile.
The completion of the transaction remains subject to the satisfaction of all conditions of closing, including final approval of the CSE and the approval of Amana’s shareholders. It is expected that the company will obtain shareholder approval of the transaction by way of a shareholder consent resolution.
International Wastewater Systems Inc.
http://www.sewageheatrecovery.com/
International Wastewater Systems is on the leading edge of wastewater heat recovery technology. The following story by Rowan Oloman provides a quick glimpse into the vast potential of their unique approach to renewable energy.
Turning Wastewater Into Energy: Clean Tech’s Best Kept Secret
Every day the average North American household flushes one full tank of hot water down the drain. In a city of 1 million homes, that is equivalent to approximately $500,000 in energy from natural gas casually flowing into our city sewers daily. Running underneath our homes and buildings there is an untapped energy goldmine.
Globally, it has been acknowledged that in regards to climate change mitigation energy efficiency is the lowest hanging fruit. China recently announced they will spend a whopping US$372 billion in energy conservation and the US plans to invest US$155 billion in energy efficiency projects.
Yet by and large North America continues to ignore the single most cost-effective and most profitable form of energy efficiency, which is to recycle the energy that we’re already wasting.
The simple fact is water enters our buildings at 7-9 degrees Celsius and leaves at 20-25 degrees Celsius. If captured, this wasted heat could be used to fulfill 40-50{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of our buildings energy requirements.
Sometimes innovation is not about a quantum shift in thinking or spending millions in research it’s about re-inventing how we use the technologies already available. Lynn Mueller and his colleagues at International Wastewater Heat Exchange, all with long-time careers in the geothermal heat pump and renewable energy industries, saw the opportunity in wastewater heat recovery.
The company created the SHARC system, an innovation which filters raw sewage and extracts the heat in an easy, maintenance-free way using geothermal heat pumps and chillers. While sewage may not be as attractive as solar or wind power, with a 3-5 year payback period, the SHARC system is likely the most cost-effective renewable energy system currently available.
“We’re operating at 600 percent efficiency,” Mueller says. “So every dollar we spend recovering the heat out of the sewer we get $6 worth of heat out.” Mueller is speaking about his latest successful installation at Seven35 Condominiums complex, in Vancouver Canada.
The SHARC system has reduced Seven35’s annual greenhouse gas emissions by 150 tonnes (averages are between 30{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}-85{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} reduction), is recovering 80{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the buildings wasted energy and has contributed to earning the condominium the first dual ‘green’ certification in Canada – LEED Platinum and Built Green Gold. It’s also the first time the technology has been used at a residential building in North America.
For residents the equation is simple, now they are recycling the same energy over and over again, instead of paying for the natural gas to re-heat their tanks daily.
Reliable, trouble free operation is the major challenge in recovering heat from waste water. The SHARC system has been designed to be clog-proof with an automatic back flush to filter sewage simply and effectively. It has full backup capacity with zero down time and is available in heat exchange or heat pump applications.
Added benefits of the SHARC system include full automation with a DDC or BACnet interface and a wireless or Ethernet connection for data retrieval and instantaneous calculation of COP and GHG savings. The system comes with a factory maintenance and warranty service and can be incorporated immediately into existing mechanical infrastructure.
Mueller, who was previously President of WaterFurnace and Earth Source Energy – the world’s largest installer of heat pumps, is humble about his company’s innovation. “We are a new company simply revolutionizing old technology,” says Mueller. “We saw a way to provide energy easily, cheaply and in a way that is ecologically sound.”
International Wastewater Heat Exchange has opened marketing and distribution channels across Canada and in forty US States. The applications for the SHARC system are multitudinous, from condominiums, to public facilities like sports and aquatic centers, to industrial complexes and district energy systems.
In a world where municipalities are progressively being held responsible for efficiently decreasing their own greenhouse gas emissions, systems like the SHARC will become more and more attractive. The biggest challenge however will be re-framing the way people view waste.
Despite the widespread use of waste-to-energy (WTE) projects in European countries, where innovative projects are supported because space for waste disposal is scarce, in North America waste to energy projects are in still in their infancy. In Germany the majority of waste is recycled, composted or processed by biological or thermal method which is likely why Mueller has already received calls from German companies interested in the technology.
The Collins English Dictionary describes the saying ‘money down the drain’ as money ‘wasted’. The SHARC system turns this old adage on its head.
Rowan Oloman is a freelance writer living in Vancouver Canada. She has written for various greentech communications over the past 4 years, has an MBA in Sustainable Energy and a Master’s Degree in Natural Resource Management. Rowan is currently working for Radiant Carbon, a unique carbon offset provider.
Inmed (IN:CSE) CEO’s Letter to Shareholders & Corporate Presentation
Letter from President and CEO
Dear Shareholder,
As the new President and CEO at InMed, I’m reaching out to you to provide you with my impressions after my first 3 weeks at the company, and to give you some insight into what I see as the operational priorities for InMed moving forward.
As I have become more familiar with the rationale and science behind InMed’s technology I have had two key observations: I was impressed with the level of detail and science behind the process of identifying new potential candidates, and I was struck by the number of potential opportunities that were available to InMed within the cannabinoid space.
I believe InMed’s process of drug discovery is quite sophisticated, and much more advanced than what is being used by most companies developing natural products, and in particular compared to other pharma companies developing cannabinoids. This is promising as this means that our products have been rationally targeted and designed and therefore should be both effective and potent. The potential number of indications in which InMed could be active is numerous. Cannabinoids have been shown to play a role in a number of human physiological systems, and the potential to mediate a therapeutic effect has been observed in multiples therapeutic areas including infectious diseases, metabolic diseases, respiratory diseases, ocular diseases, oncology and dermatology. The breadth of indications available with our technology presents a wealth of opportunity for InMed, however initially, to utilize our resources effectively, we will focus our development portfolio on two indications, epidermolysis bullosa (EB) and glaucoma.
Epidermolyis bullosa is an orphan disease mostly commonly seen in children and characterized by patients with very fragile skin. Even a slight brushing against a patient’s skin can cause severe blistering and redness, and many of these children spend most of their life in bandages. Currently the only treatment option for patients with EB is the same as that for the treatment of burns. We believe there is a significant opportunity for a new product that has been developed specifically for EB. INM-750 was designed specifically to address both the underlying cause of EB, and to treat the most commons symptoms. We intend to start clinical trials with INM-750 in EB in 2016.
Glaucoma is an eye disease that is one of the leading causes of blindness in the developing world. It is generally caused by high blood pressure in the eye (high intraocular pressure or IOP) which puts pressure on the optic nerve resulting in blindness. Currently, all the approved medications for glaucoma work by lowering IOP. Physicians are seeking novel medications that have a different mechanism of action to treat those patients that don’t respond well to current medications. InMed is developing INM-085 which has been designed not only to provide a new mechanism to lower IOP but also to provide a neuroprotective effect to the optic nerve. Glaucoma is a significant opportunity which currently represents a $5.6 B market globally. We plan to initiate our clinical trials in glaucoma in late 2016
I am quite excited about the science and technology at InMed and about the potential for our development candidates INM-750 and INM-085 to provide a meaningful contribution to patients. I have enclosed for you a copy of our revised company presentation that outlines our strategy for moving forward. This will provide you with much more detail about out platform, and the potential of our products.
http://www.inmedpharma.com/i/pdf/presentations/InMed-Presentation-Oct2015.pdf
Best regards,
Paul Brennan,
President & CEO
- Published in Blog, Business, Life Sciences, Medical Marijuana
Amana (AMA:C) Congratulates IWS CEO on Canada Clean50 Award
Lynn Mueller, Founder and CEO of International Wastewater Systems Receives ‘Clean50’ Award
Amana Copper Ltd. (“Amana” or the “Company“) (CSE:AMA) would like to congratulate Mr. Lynn Mueller, Founder and CEO of International Wastewater Systems (“IWS”) on being recognized with a Canada Clean50 award (“Clean50”).
Canada’s Clean50 is an annual award offering recognition to Canada’s leaders in sustainability for their contributions over the prior two years. The Clean50 are selected from 16 diverse categories that transcend numerous industries, academia, different levels of government, thought leaders and advocates, and are based on accomplishments delivered over the prior two years.
Mr. Mueller was one of two recipients in the ‘Renewable Energy Generation’ category and received the award at the Clean50 Summit held in Toronto on September 23rd, 2015.
Mr. Mueller’s vision for green energy innovation has established IWS as a world leader in wastewater heat recovery systems. IWS technology provides simple and direct heat exchange from untreated waste water, resulting in the most energy-saving, cost-effective and environmentally friendly solutions for heating, cooling and hot water for any building, residential, commercial or industrial. IWS systems are currently being deployed worldwide for public and private sector clients.
Amana and IWS have signed a definitive agreement (see press release dated September 9th, 2015) pursuant to which Amana will acquire 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the issued and outstanding common shares of IWS subject to shareholder, regulatory and CSE approvals.
About IWS
International Wastewater Systems was founded by a team of technical and engineering professionals with over 100 years of combined experience in the heating, ventilating and geo-exchange industries. With a focus on wastewater heat recovery we are committed to manufacturing quality products that positively impact our environment, saving resources and unnecessary expense for heating and cooling.
For more info: www.sewageheatrecovery.com/