Categories: Finance

Environmental Waste International Completes $660,000 Non-Brokered Financing Deal

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Environmental Waste International (EWS) Raises $660,000 in Private Placement Offering

Whitby, Ontario– Environmental Waste International (TSXV: EWS) has successfully raised $660,000 through a non-brokered private placement offering of 33,000,000 common shares at $0.02 per common share. The company announced the completion of the offering today, with no fees paid for the transaction. All securities issued as part of the offering will be subject to a statutory hold period until October 1, 2024, pending TSX-V acceptance of regulatory filings. The funds raised will be utilized for general corporate purposes, as stated by the company.

Environmental Waste International Inc. specializes in eco-friendly systems for the breakdown of organic materials, including tires. With over 15 years of experience in engineering systems that integrate the EWS patented Reverse Polymerization™ process and proprietary microwave delivery system, the company aims to provide environmentally safe, energy-efficient, and economically profitable solutions for waste tire recycling. The unique microwave technology used by EWS allows for the recovery of highly valuable commodities such as carbon black, oil, and steel from waste tires.

For further information, interested parties can contact Kelli Harrington, CEO of Environmental Waste International Inc. at (780) 429-1900 or (800) 399-2366, or via email at kelli.harrington@ewi.ca. More information about the company can be found on their website at www.ewi.ca.

The completion of this private placement offering marks a significant milestone for Environmental Waste International Inc. as they continue to innovate and lead in the field of eco-friendly waste management solutions.

Team@GQN.

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