Bridge Financing Bc
Bc bridge loanLoans are protected against the Company's property, bear interest at 2% per annum and a provision commission of 4% of the amount of the loans.
This loan has a term of 3 month and can be paid in advance by the Company at any point before the due date. The Company will grant a total of 500,000 stock call options ("Warrants"), which will be vested in 500,000 ordinary bearer Shares at a cost of $0.28 per ordinary bearer Certificate.
These warrants are vested for three years and are governed by an accelerator provision in the case that the Company's stock is traded at a rate of USD 0.56 or more for a continuous 20-day vesting horizon with an aggregate of at least 100,000 stock units traded per day during the same 20-day vesting horizon.
Revenue from the loan provides further working capibilit y versatility for SWS. It is growing rapidly with ongoing developments in Scotland, Canada, the USA and Australia. Concerning International waste water management Inc. Recycled from wastewaters, waste heat is used to produce the most energy-efficient and cost-effective heat, cool and warm system for business, housing and industry.
CSE assumes no liability for the appropriateness or precision of this communication. There are certain forward-looking information contained in this press release that may be identified as "forward-looking statements". Except for forward-looking information relating to historic facts that relates to an event or development that the Company anticipates, all forward-looking information contained in this press release is forward-looking.
Forward looking Statements are those that are not historic facts and are generally, but not always, indicated by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, as well as those that will, "would", "may", "could" or "should" happen as a result of circumstances or outcomes. While the Company considers that the forward-looking terminology expresses best beliefs, such terminology is not a guarantee of merchantability or fitness for a particular purpose and results may differ from those contained in such terminology.
In addition, forward-looking information is subject to risks and uncertainties that could cause results to differ materially from those expressed or implied by such forward-looking information, including but not limited to regulations, pricing, exploitation rates and exploratory success, continuing access to financing and financing, and general economic, market and operating conditions. Therefore, we caution you not to place undue reliance on these forward-looking statements. with respect to our results of operations, financial condition or results of operations, whether expressed or implied, whether express or implied, whether express or implied, whether express or implied is reasonably possible. Shareholders are advised that such forward-looking information is not a guarantee of our ability to perform in the foreseeable future und circumstances and that our expectations and projections may differ substantially from those expressed or implied by such forward-looking information.
Future-oriented forward-looking information is predicated on the convictions, estimations and views of the Company's senior managers at the time the information was prepared. Unless otherwise prescribed by current stock corporation law, the Company assumes no responsibility to revise these forward-looking statements should management's belief, estimate, opinion or other factor alter.