Dominion Water Reserves is one of the latest issuers to hit the Canadian Securities Exchange, with the company hitting the markets on Monday August 10 under symbol “DWR”. For this reason, they are also the latest focus of our Spotlight Series.
Dominion Water is focused on consolidating the water industry. Currently, they control close to 31% of Quebec’s volume of fresh groundwater reserves with a path to strategically controlling 50% of the total volume. The company currently intends to expand across Canada and the US, with gross proceeds from their recently conducted non-brokered private placement being used towards both its expansion plans in the US as well as to put in place production capabilities of its Quebec water sources.
Today we have Marie-Claude of Dominion Water to explain their strategy more in depth.
FULL DISCLOSURE: Dominion Water Reserves Corp is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Dominion Water Reserves Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
