TORONTO, ON / ACCESSWIRE / March 1, 2024 / Forward Water Technologies Corp. ("Forward Water" or the "Company") (TSXV:FWTC) today announced that Grant Thornley, Vice-President of Engineering Solutions will be attending PDAC in Toronto from March 3 to March 6, 2024 and meeting with Direct Lithium Extraction (DLE) and mining clients at this event.

Date: March 3-6, 2024
Location: Metro Toronto Convention Centre
Link: https://www.pdac.ca/convention

The PDAC offers unparalleled opportunities to engage with the global mining and exploration community and stay abreast of the latest trends and technologies driving the sector, thanks to its comprehensive programming. Forward Water is excited in the increased growth of our patented industrial forward osmosis (iFO™) technology in global markets, signaling increased acceptance of thermal evaporation technology replacement with iFO™. The ability to extract and deliver up to 95% clean water for process reuse and the concentrating of critical minerals such as lithium >20X have been the main drivers in our market growth, while the ability of iFO™ to be operated with alternative energy sources such as geothermal and solar thermal has aided in our growth as well. Mr. Grant Thornley, Vice President of Engineering Solutions commented, "Participating in PDAC is a great opportunity for us in learning and discussing the needs and challenges of the DLE and mining markets and how we can deliver solutions to them".

About Forward Water Technologies Corp.

Forward Water Technologies Corp. is a publicly traded Canadian company dedicated to saving the earth's water supply using its patented Industrial Forward Osmosis (iFO™) technology. The Company was founded by GreenCentre Canada, a leading technology innovation centre supported by the government of Canada. The Company's technology enables the extraction of clean water from challenging process and waste streams that conventional technologies can not be operated on. Due to its high-water extraction ability, iFO™ is used in DLE processes for the hyper-concentrating of lithium prior to conversion. 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.

For more information, please visit www.forwardwater.com.

About PDAC

The PDAC is the world's premier mineral exploration and mining convention for people, governments, companies, and organizations within the mineral exploration industry. The convention takes place annually in Toronto and was first founded in 1932, it is currently the largest mining and exploration event in Canada. The show attracts exhibitors from all over the world with an international reputation for its networking, deal-making and discussion of current issues, trends and technologies shaping the industry today. For more information, please visit www.pdac.ca/convention.

Contact Information

For more information or interview requests, please contact:

C. Howie Honeyman - Chief Executive Officer
howie.honeyman@forwardwater.com
519-333-5888

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 news release.

Forward-Looking Statements

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws including statements regarding expansion and uptake of the Company's technology and the ability for the Company to achieve its growth strategy and business plan. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, the ability to scale the technology and the adoption of the technology by potential customers.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: the impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; unanticipated operating events; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedarplus.ca. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information.

SOURCE: Forward Water Technologies Corp.