IWS Announces Bridge Loan
International Wastewater Systems Announces Bridge Loan
– Momentum Public Relations – March 22, 2016
International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE:IWS)(FRANKFURT:IWI) announces that it has entered into an agreement with an arm’s length private lender to loan the Company an aggregate of CDN$400,000 (the “Loan”).
The Loan is secured against the assets of the Company, bears interest at a rate of 2{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} per month and carries a commitment fee equal to 4{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the Loan. The Loan matures and becomes payable in 3 months and may be prepaid by the Company at any time prior to the maturity date. In consideration for the Loan, the Company will issue an aggregate of 500,000 share purchase warrants (“Warrants”) exercisable into 500,000 common shares at a price of $0.28 per common share. The Warrants are exercisable for three years and are subject to an acceleration clause in the event that the shares of the Company trade at a price of $0.56 or greater for a period of 20 consecutive days with an average daily trading volume of a minimum 100,000 shares during the same 20-day period.
The proceeds of the Loan provide IWS with additional working capital flexibility. The Company is experiencing rapid growth with current projects at various stages of development in Scotland, Canada the US and Australia.
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. (CSE:IWS)(FRANKFURT:IWI) is a world leader in wastewater heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings.
- Published in Green Technology, International Wastewater Systems, News Home, Technology
International Wastewater Systems (IWS:CSE) Announces Australian Project
IWS Announces Australian Project
– Momentum Public Relations – March 16, 2016
International Wastewater Systems Inc. (“IWS” or the “Company”) (IWS:CSE)(FRANKFURT:IWI) is pleased to announce its inaugural project in Australasia, a SHARC wastewater heat recovery system (“SHARC”) to be installed at a facility operated by the Australian Wool Testing Authority (“AWTA”) in Melbourne.
AWTA is the largest wool testing organization in the world and utilizes significant amounts of hot water at its testing facilities. Once testing is complete, thousands of liters of hot water are diverted to cooling tanks before being sent to the sewer system.
The SHARC will intercept the water being discarded from AWTA tests, capture the heat and then transfer the heat back into the boiler system. This will offset a significant amount of natural gas currently being used by ATWA’s boilers. The SHARC system at the ATWA facility is expected to produce approximately 680 kW/h of heat, reducing ATWA’s energy costs by up to 80{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} for the same application and reducing carbon emissions by approximately 600,000 kilograms annually.
The SHARC installation for ATWA is being led by Environmental Technology Solutions of Australia, a leading provider of energy efficiency and sustainability solutions with offices in Canberra and Melbourne. The SHARC is expected to be installed during the second quarter of 2016 with a value of approximately CDN $300,000.
This will be the third installation of IWS technology at an industrial facility following installations at the Sechelt Water Resource Centre in Canada and the Camden County Wastewater Treatment Plant in the United States.
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. (IWS:CSE)(FRANKFURT:IWI) is a world leader in wastewater heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings.
- Published in Green Technology, International Wastewater Systems, News Home, Technology
More Exciting News from International Wastewater Systems!
More Exciting News from International Wastewater Systems!
– Momentum Public Relations –
“The future belongs to countries and businesses that become leaders of clean technologies, innovation, and sustainability. Canada is building the partnerships and making the investments necessary to take advantage of the growing opportunities in these markets,”
– Honourable Justin Trudeau, Prime Minister of Canada.
International Wastewater Systems (IWS:CSE) is leading the way in the area of reusing energy and lowering Co2 emissions with its proprietary technology that recaptures heat in waste water. The technology is so versatile that virtually any facility could make use of it. And, the exciting news is, the IWS solution is accessible, cost-effective, renewable and fully commercialized. It is an outstanding concept that is available today – not at some undefined point in the future.
The IWS team will exhibit and speak at this year’s GLOBE Conference & Innovation Expo March 2-4, 2016 in Vancouver, BC. IWS CEO, Lynn Mueller, will be present at the conference on Friday, March 4th at 10:20 AM.
The impressive list of speakers at the conference includes a “who’s who” of government federal, provincial and municipal politicians, business leaders from a variety of sectors and subject matter experts from industry and academia. It is quite significant that the Right Honourable Justin Trudeau, Prime Minister of Canada, will be delivering the conference’s keynote address.
Globe is North America’s largest and longest-running conference and exposition series dedicated to business innovation for the planet. It features opportunities to share ideas about world-leading sustainability and provides a forum for relationship building to fuel business development. Every two years, leaders attend the conference to devise winning strategies to conserve resources, ignite innovation, and develop ideas and partnerships that help them be more resilient, more efficient, and reduce risk.
The efforts of International Wastewater Systems are being recognized around the world. The company was honored in January 2016 when The Piranha was selected as the product of the year at the 2016 AHR Innovation Awards in the Green Building Category. The award was judged by a panel of third-party judges from ASHRAE (American Society of Heating, Refrigerating and Air-Conditioning Engineers) who evaluated all award entries based on innovative design, creativity, application value and market impact.
For more information on International Wastewater Systems, please click on the link to view the short video presentation:
There is an unparalleled international consensus of the need for strategies to reduce the carbon footprint in developed and developing nations. We all agree that the future of the planet is at stake. IWS has developed technology that addresses a hidden source of lost energy and turns it into a way to reduce the use of fossil fuels for heating and cooling. In many of our homes and buildings, large quantities of heat in water from showers and cleaning is discarded. Typically, water enters a building at 7-9 degrees Celsius and leaves, into the sewer system, at 20-25 degrees Celsius. The energy from this water is discarded as it dissipates.
The IWS solution captures the wastewater at its point of exit and removes solids. It then extracts the heat from the waste water in a closed system allowing the energy to be recycled. When captured, this energy is transferred to clean water with no risk of cross-contamination and then the energy is reused to heat or cool the building.
Capturing wasted heat is more cost efficient than installing new methods of energy generation. Depending on the scope of the installation, the payback from recycling wasted energy averages 3-5 years making it more attractive than new installations of solar or wind energy.
The future of our planet may depend upon the extent to which countries and large stakeholders collaborate in the effort to reduce Co2 emissions. Prime Ministers and business leaders are using a forum like the Globe conference to move the agenda forward in meaningful ways. The investment community is responding to this global opportunity. IWS provides savvy investors with proven, fully operational technologies that are becoming drivers of the emerging economy.
- Published in Blog, Green Technology, Technology
International Wastewater Systems Provides Update
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- Published in Blog, Green Technology, International Wastewater Systems, News Home, Technology
Energy from Wastewater: It’s Here – And It Works!
Energy from Wastewater: It’s Here – And It Works!
– Momentum Public Relations –
International Wastewater Systems (IWS:CSE) has commercialized technology that allows previously lost energy to be recovered, lowering Co2 emissions and reducing overall energy costs. With its proprietary SHARC system, the company has pioneered a way to reuse energy by extracting heat from waste water. The efforts of IWS are being recognized around the world. In fact, International Wastewater was honored in January 2016 with the green building innovation award at the AHR Expo in Orlando, Florida.
There is a growing international consensus around the need to make systematic carbon footprint reductions. Leaders are entering into historic agreements that are paving the way for specific initiatives in both developed and developing nations. Additionally, regional governments and big cities are prioritizing use of new energy technologies to begin the process of weaning themselves away from complete reliance on traditional energy sources like fossil fuels. This is providing the impetus for major energy users like municipal buildings and owners of large private facilities, like universities to decrease their greenhouse gas emissions while elevating their overall operating efficiencies. The SHARC technology from IWS allows them to do exactly that.
In almost every residential and commercial building large quantities of heat in water is discarded every day. Typically, water enters buildings at 7-9 degrees Celsius and leaves, into the sewer system, at 20-25 degrees Celsius. The energy from this water is wasted as it travels in sewers to treatment plants.
The SHARC system captures the wastewater at its point of exit and removes solids. It then extracts the heat from the waste water in a closed system allowing the energy to be recycled. When captured, this energy is transferred to clean water with no risk of cross-contamination and the clean water is reused to heat or cool the building.
For more information on International Wastewater Systems , please click on the link to view the short video presentation:
Capturing wasted heat is more cost efficient than installing new methods of energy generation. Also, the SHARC technology is designed to work in new facilities or may be retrofitted in existing buildings. This means that virtually anyone could make use of the technology. Sewage may not appear to be as inherently attractive as solar or wind power. Nonetheless, the SHARC system represents an accessible, cost-effective renewable energy system that is fully commercialized.
International Wastewater Systems SHARC technology has proven useful in buildings and installations that are as small as 100,000 square feet and as large as several million square feet. Virtually any building is a potential user of this product. Depending on the scope of the installation, the payback from recycling wasted energy averages 3-5 years making it more attractive than new installations of solar or wind energy. The technology is designed to be trouble free with full backup capacity providing for no downtime.
Not surprisingly, the SHARC solution is being installed in places as diverse as Camden County, New Jersey, Seven35 Condominium complex in Vancouver, Canada and Borders College in the southeast of Scotland. It can be tailored to almost any size facility and functions in either heat exchange or heat pump applications. It even measures its own ROI. A typical installation includes a DDC or BACnet interface and a wireless or Ethernet connection for data retrieval and instantaneous calculation of COP and GHG savings.
Conferences like the COP21 summit in Paris are paving the way for a different approach to how the world manages energy at both the macro and the micro level. Increasingly, there is a need for simple, cost-effective and easy to implement technologies that will radically change the trajectory of the climate change reality while stimulating the economy.
The future of our planet may depend upon the extent to which countries and significant stakeholders collaborate in the effort to reduce Co2 emissions. Investors are paying attention. Responding to a clearly articulated global need will generate attractive investment opportunities. Ultimately, International Wastewater Systems provides savvy investors with an opportunity for a significant return in a market space that is going to be an important part of the emerging economy.
- Published in Blog, Green Technology, International Wastewater Systems, Technology
International Wastewater Systems Featured by Export Development Canada
IWS Featured by Export Development Canada
– Momentum Public Relations – Jan. 22, 2016
International Wastewater Systems Inc. (“IWS” or the “Company”) (IWS:CSE)(FRANKFURT:IWI) is pleased to announce that the Company was recently featured by Export Development Canada (www.edc.ca).
Exportwise is Export Development Canada’s online magazine for Canadian exporters and investors, covering global trade, export and investment issues. International Wastewater Systems is highlighted in a feature article available at: http://exportwise.ca/turning-sewage-into-heat-and-potable-water-b-c-company/
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. (CSE:IWS)(FRANKFURT:IWI) is a world leader in wastewater heat recovery technology. IWS designs and develops renewable energy systems that extract thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings. Visit us at www.iwhes.com or follow us on Twitter @sewageSHARC
- Published in Energy, Green Technology, International Wastewater Systems, News Home, Technology
International Wastewater Systems: The Next Disruptor In The Greentech Space
Heat from Wastewater: A Very Green Investment Opportunity
– Momentum Public Relations –
The recent COP21 summit in Paris featured a variety of strong messages from various world leaders related to the need for a reduction of greenhouse gas emissions. There are a variety of nuances in their statements however their overall message can be summed up by the following statement; the status quo is not an option. Every country needs to change its approach to energy and lower Co2 emissions. Canada’s Prime Minister Justin Trudeau’s speech at the summit highlighted his commitment to make Canada a global leader when it comes to reducing carbon emissions. The Liberals provided a very large figure to show its dedication to the cause and have pledged to spend an extra $5.65 billion over the next four years on green infrastructure. The Prime Minister later discussed the importance of implementing some form of carbon pricing at an event held by the World Bank where he explained carbon pricing as “a crucial tool to begin the shift we need towards sustainable economic growth.”
Watch Video: Justin Trudeau tells Paris climate summit Canada ready to do more
Technological advances can contribute to meaningful reductions in energy use and emissions. Many new technologies are complex and have questionable return on investment metrics. Wise investors must evaluate how technological advances can translate into investment opportunities. There are numerous examples of good ideas that don’t translate into good investments. However, it is reasonable to wonder when the time is right to invest in an emerging idea or business. Is there merit in waiting to assess the ultimate commercial viability of a technology before making a significant investment commitment?
Many solutions to today’s energy challenges are simple and right in front of us. Investing in emerging technologies comes with inherent risks however it can be helpful to test any potential investment by using four investment evaluation principles that evaluate the potential of an opportunity. One such opportunity is International Wastewater Systems (IWS:CSE) and their SHARC technology.
Four Investment Evaluation Principles:
1.Is it simple?
2.Is the business model viable?
3.Is the potential large enough?
4.Is it disruptive?
Is it simple?
Investment opportunities need to be understandable. A complicated story around a technology often makes the product or service harder to explain to an investor. If an investor doesn’t understand it a customer won’t either. Consequently, simplicity matters . Sometimes investment in innovation is not about spending millions in research. Often, major investment opportunities are found by discovering companies that are developing innovative ways to use existing technologies.
In almost every home and building large quantities of heat in water is discarded. Typically, water enters buildings at 7-9 degrees Celsius and leaves into the sewer system at 20-25 degrees Celsius. The IWS SHARC solution extracts heat from waste water and captures it in a closed system allowing it to be reused. When captured, this wasted heat is used to meet as much as 50{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of a building’s energy requirements. This allows the warmth from waste water to be captured and transferred to clean water with no risk of cross-contamination. Even though the technology is complex, the solution is simple and the benefit is easily understood.
Is the potential large enough?
Investment in a technology with a narrow base of potential customers is often risky. An emerging technology needs to have a broad potential market in order to grow quickly and produce a reasonable return. Flexible and scalable technologies present more viable commercial opportunities with better ROI.
International Wastewater Systems SHARC solution has proven effective in buildings and installations that are as small as 60,000 square feet and as large as several million square feet. Virtually any building is a potential user of this product. Depending on the scope of the installation, the payback from recycling wasted energy averages 3-5 years making it more attractive than new installations of solar or wind energy. Capturing wasted heat is more cost effective than installing new methods of energy generation. In addition, the technology works in new facilities or may be retrofitted in existing buildings. This means that the market potential is huge. Not surprisingly, the SHARC solution is being deployed in places as diverse as Camden County, New Jersey, Seven35 Condominium complex in Vancouver, Canada and Borders College in the southeast of Scotland.
Is it disruptive?
Investment opportunities in new or emerging technologies usually need to disrupt a market or change an existing paradigm in order for an investor to be motivated to take a position early in the company’s growth cycle. A disruptive technology displaces an established way of doing things. It may also shake up an existing industry or become a component in a completely new industry.
The fundamental concept of a major change to how wasted energy in waste water is captured and reused is highly disruptive.The SHARC system that has been developed by IWS is changing the way that building owners and government stakeholders view energy conservation. Yet it uses well proven technology that is designed to be trouble free with full backup capacity providing for zero down time. Furthermore its flexibility is also a disruptive force. It can be tailored to almost any size facility and functions in either heat exchange or heat pump applications. It even measures its own ROI. A typical installation includes a DDC or BACnet interface and a wireless or Ethernet connection for data retrieval and instantaneous calculation of COP and GHG savings.
Is the business model viable?
Investment opportunities need to consist of much more than a great idea or an incredibly innovative product. They require finely tuned management expertise and a sound business model coupled with a clear value proposition.
Lynn Mueller, President and CEO of International Wastewater Systems, was previously President of Water Furnace and Earth Source Energy, the world’s largest installer of heat pumps. He has assembled an experienced team of people who have significant expertise in the geothermal heat pump and renewable energy industries. IWS created the SHARC system as a response to a clear need for an easy, maintenance-free solution to address the need for energy efficiency. They did it using their expertise in geothermal heat pumps and chillers.
Watch Video: CEO Lynn gives a virtual tour and explains installation that is providing heating and cooling for the 60,000 sq/ft Gateway Theatre building in Richmond, British Columbia.
The company has continued to ramp up its order book in 2015 with significant revenue growth in its pipeline. IWS has also established marketing and distribution channels in 40 US states and in Canada. A recent IWS press release highlights the major upcoming projects: CORPORATE UPDATE
Additionally, it has been supported financially by leading institutional green energy investors. Recently, IWS’s fully owned UK based subsidiary (SHARCenergy.com) secured a £4 million investment from Equitix and the UK Green Investment Bank plc (GIB) to finance the installation of what will be the first major system in a new program that could see sewage heat recovery systems installed across the UK.
Today: (the 8th of December, 2015)
The UK’s Energy Minister, Fergus Ewing will help with the official unveiling and launch of the SHARC system that will provide 95{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of heat needed at the Borders College campus.
Read More: UK’S first heat from sewage scheme to be launched in Galashiels
All are welcome to attend and take one of the scheduled tours, but more notably, some of the World’s largest greentech / renewable energy funds will be attending the inauguration of UK’s first SHARC energy system.
IWS.C has only been available to investors as a publically listed company for a little over a month, which makes this early stage opportunity’s upside potential all the more rewarding. Things can move quickly, the public, through increasing media exposure, is starting to understand the direction and huge potential that IWS represents. Potential clearly highlighted in a recent interview with International Wastewater Systems UK division’s CEO, Russell Burton. Mr.Burton, “founder and chief executive of Leicester-based SHARC Energy Systems said the firm’s turnover would jump from about £3 million to about £60 million in the next three to five years.”
Full Interview with Russell Burton, CEO: Sales Bonanza for Renewables Firm SHARC Energy Systems
Conclusion:
Sewage isn’t as inherently attractive as solar or wind power but the SHARC system represents an accessible, cost-effective renewable energy system that is fully commercialized.
The consensus that is emerging at conferences like the COP21 summit in Paris supports the need for simple, cost effective and easy to implement technologies that will radically change the trajectory of the climate change reality. The future of our planet may depend upon the extent to which countries and stakeholders collaborate in the effort to reduce Co2 emissions. Energy users like municipalities and building owners are increasingly being challenged to efficiently decrease their greenhouse gas emissions. Investors need to pay attention. Challenges like this generate major investment opportunities. Ultimately, a company like IWS provides investors with an opportunity for significant return in a market space that is going to be an important dimension of the emerging economy.
- Published in Blog, International Wastewater Systems
Int’l Wastewater (IWS:CSE) Investor Lee Acquires 27.5 M Shares
International Wastewater Systems (IWS:CSE) Investor Paul Bernard Lee Acquires 27.5 Million Shares
Paul Bernard Lee of 180 Swick Rd., Kelowna, B.C., Canada, V1W 4J5, has acquired ownership and control of 27.5 million common shares of International Wastewater Systems Inc. (formerly Amana Copper Ltd.), at a deemed price of 14 cents per common share, pursuant to a share exchange agreement among IWS, International Wastewater Heat Exchange Systems Ltd. (IWHES) and the shareholders of IWHES dated Sept. 4, 2015. The shares were issued to Mr. Lee is exchange for his common shares of IWHES at a ratio of 250,000 common shares of IWS for each common share of IWHES. These securities represent approximately 34 per cent of the issued and outstanding common shares of IWS.
The securities were acquired for investment purposes, and Mr. Lee may acquire further securities of IWS in the future.
The securities were issued under an exemption from the prospectus requirements set out in Section 2.16 of NI 45-106, Prospectus Exemptions.
An early warning report of Mr. Lee containing additional information with respect to his acquisition of common shares of IWS will be filed under IWS’s SEDAR profile within the time permitted by law.
A copy of the early warning report may be obtained by contacting Lynn Mueller, chief executive officer of IWS, at 1-604-219-2838.
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.