International Wastewater Systems Announces Frankfurt Listing and Issuance of Stock Options
VANCOUVER, B.C., December 1, 2015 – International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE:IWS)(FRANKFURT:IWI) is pleased to announce that the Company’s shares have begun trading on the Frankfurt Stock Exchange under the symbol ‘IWI’.
The Company’s shares are also approved for trading on the Xetra® trading platform. Xetra® is one of the leading trading platforms for securities in Europe, and handles more than 90 percent of the entire share trading at German exchanges. The world’s largest exchange network connects 4,000 traders from 16 European countries plus Hong Kong and the United Arab Emirates.
The Frankfurt listing will provide European institutional and retail investors with easy and efficient access to IWS shares, with the added benefit of increased market liquidity and exposure for IWS in European capital markets. Additional information is available at: http://www.boerse-frankfurt.de/en/equities/intl+wastewater+sys+inc+ag+CA4605591078
The Company further announces that it has approved the issuance of 5,700,000 incentive stock options (the “Options”) in accordance with the Company’s stock option plan to certain directors, officers, employees and consultants of the Company. Each Option, vesting 20% each six months of service, entitles the holder to purchase one common share of the Company at a price of $0.50 per share, exercisable for 5 years from the date of issuance. The Options and any common shares issued upon exercise will be subject to a four month resale restriction from the date of grant.
ON BEHALF OF THE BOARD
Chairman and Chief Executive Officer
FOR MORE INFORMATION, PLEASE CONTACT:
Yaron Conforti, CFO and Director
Telephone: (416) 716-8181
Email: [email protected]
About International Wastewater Systems Inc.
International Wastewater Systems Inc. (and its wholly owned subsidiary SHARC Energy Systems (UK) Ltd.) is a world leader in thermal 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. IWS is publicly traded in Canada (CSE: IWS), the United States (OTC: INTWF) and Germany (Frankfurt: IWI).
The CSE does not accept responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forwardlooking statements include regulatory actions, market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.