Arrowhead Water Products Ltd. (TSX VENTURE:AWA) ("Arrowhead" or the "Company")
is pleased to announce that it closed its previously announced private placement
of 5 million common shares at a price of $0.30 per share. The private placement
was fully subscribed for gross proceeds of $1,500,000. The Company paid finder's
fees of $90,000 and issued 220,400 finder's fee warrants to PI Financial Corp.
of Vancouver, British Columbia. The private placement is subject to receipt of
all necessary regulatory approvals including final approval of the TSX Venture
Exchange. The proceeds of the private placement will be used for general
corporate purposes, working capital and transacting new business acquisitions in
the energy efficiency field.


On behalf of the Board of Directors of the Corporation and for further
information please contact Jeff Ciachurski or Ross O. Drysdale.


READER ADVISORY

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


This news release contains forward-looking statements. The Company has provided
the forward-looking statements in reliance on assumptions that it believes are
reasonable at this time. The reader is cautioned that the assumptions used in
the preparation of the forward-looking statements may prove to be incorrect. All
such forward-looking statements involve substantial known and unknown risks and
uncertainties, certain of which are beyond the Company's control. Such risks and
uncertainties include, without limitation, delays resulting from or inability to
obtain required regulatory approval. The actual results, performance or
achievements could differ materially from those expressed in, or implied by,
these forward-looking statements and, accordingly, no assurances can be given
that any of the events anticipated by the forward-looking statements will
transpire or occur, or if any of them do, what benefits, including the amount of
proceeds, the Company will derive therefrom. Readers are cautioned that the
foregoing list of factors is not exhaustive.


19,492,229 Common Shares Issued

FOR FURTHER INFORMATION PLEASE CONTACT: 
Arrowhead Water Products Ltd.
Jeff Ciachurski, Chairman and Chief Executive Officer
9 Landport, Newport Beach
California, USA 92660
Cell: (949) 903-5906
westernwind@shaw.ca


Arrowhead Water Products Ltd.
Ross O. Drysdale, Director
730, 1015 4th Street SW
Calgary, Alberta T2R 1J4
(403) 508-6256
ross@drysdalelaw.com

Arrowhead Water Products Ltd (TSXV:AWA)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024 Click aqui para mais gráficos Arrowhead Water Products Ltd.
Arrowhead Water Products Ltd (TSXV:AWA)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024 Click aqui para mais gráficos Arrowhead Water Products Ltd.