Company
CVE:FWTC
Forward Water Technologies Corp. is a publicly traded Canadian company dedicated to saving the earth's water supply using its patented Forward Osmosis technology. The Company was founded by GreenCentre Canada, a leading technology innovation centre supported by the government of Canada. The Company's technology allows for the reduction of challenging waste streams simultaneously returning fresh water for re-use or surface release. The Company's mandate is to focus on the large-scale implementation of its technology in multiple sectors, including industrial wastewater, oil and gas, mining, agriculture and ultimately municipal water supply and re-use market sectors. In addition, the Company has initiated early stage R&D for the treatment of food and beverage process streams.
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Thornley’s responsibilities will encompass the sale leadership role, accelerating Forward Water’s revenue through to expanding the company’s presence in multiple different industries
Dr Howie Honeyman, president and CEO of Forward Water commented: "We feel this is a great opportunity to create shareholder value as we continue to see strong interest in wastewater and brine management with client samples already in hand"
The news comes following the completion of a reverse takeover transaction with Hope Well Capital Corp, which acquired all of the issued and outstanding shares of Forward Water by way of a three-cornered amalgamation
