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Forward Water Technologies (TSXV:FWTC) announces partnership agreement with Mabarex Inc.

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TSXV:FWTC
14 February 2022 12:00 (EDT)

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Forward Water Technologies (FWTC) has signed a sales partnership agreement with Mabarex Inc.

Forward Water CEO, Dr. Howie Honeyman sat down with Shoran Devi to discuss the partnership with Mabarex.

Mabarex is well positioned in Canada to identify and support commercial opportunities for Forward Water’s technology and in doing so continue to provide value to their clients.”

Forward Water will provide laboratory, engineering, and system support while Mabarex will identify commercial applications for its client base.

Forward Water’s patented forward osmosis solution recovers clean water from industrially produced wastewater. This process results in a significant reduction in the volume of wastewater sent for disposal while at the same time lowering operational costs, reducing energy consumption, and minimizing greenhouse gas emissions (GHG) in comparison to conventional technologies and approaches.

Forward Water Technologies is dedicated to the commercialization of its proprietary forward osmosis technology, which reduces waste streams and returns fresh water to the environment.

Shares of Forward Water (FWTC) opened trading at C$0.165.

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