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FirstLine Venture Partners acquires $150,000 in Forward Water units

Tue, 22 Sep 2026 18:17:08 -0400

FirstLine Venture Partners Corporation acquired 150 units of Forward Water Technologies Corp. (TSXV: FWTC) on September 9, 2026, for total consideration of $150,000, according to a press release.

Each unit consisted of one secured bridge debenture with a face value of $1,000 and 8,000 common share purchase warrants, exercisable at $0.05 per share for 36 months from issuance. The bridge debentures are not convertible into common shares.

The transaction was conducted through a non-brokered private placement. Following the acquisition, FirstLine holds 3,309,257 common shares, a $100,000 convertible debenture, 2,172,414 warrants, and $150,000 in non-convertible bridge debentures of FWTC.

On a non-diluted basis, FirstLine's

Early Warning Press Release - FirstLine Venture Partners Corporation Announces Acquisition of Securities of Forward Water Technologies Corp.

Tue, 22 Sep 2026 18:16:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - September 22, 2026) - FirstLine Venture Partners Corporation ("FirstLine") announces that, on September 9, 2026, it acquired an aggregate of 150 units (the "Units") of Forward Water Technologies Corp. (TSXV: FWTC) ("FWTC" or the "Issuer") at a price of $1,000 per Unit, for aggregate consideration of $150,000, pursuant to FWTC's non-brokered private placement of Units for aggregate gross proceeds of $150,000 (the "Acquisition"). Each Unit is comprised of one secured bridge debenture of the Issuer with a face value of $1,000 (each, a "Bridge Debenture") and 8,000 common share purchase warrants of the Issuer

Early Warning Press Release - FirstLine Venture Partners Corporation Announces Acquisition of Securities of Forward Water Technologies Corp.

Tue, 22 Sep 2026 18:16:00 -0400