CWTI on TSX Venture Exchange Cease Trade Order

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GUELPH, Ontario, May 21, 2026 (GLOBE NEWSWIRE) — Current Water Technologies Inc. (TSX-V: WATR) (“CWTI” or “the Company” or “the Corporation”), reports that effective May 7, 2026, the TSX Venture Exchange (the “Exchange”) suspended trading in the Company’s securities as a result of a Cease Trade Order (“CTO”) issued by the Ontario Securities Commission. 

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The Cease Trade Order was issued because CWTI was unable to file its annual financial statements, management’s discussion and analysis, and the required certifications for the year ended December 31, 2025 (the “Annual Filings”) on or before the prescribed filing deadline of April 30, 2026 (the “Annual Filing Deadline”).

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Due to an unexpected circumstance related to the unavailability of key staff to compile the necessary documentation within the expected timeframe, the Company’s standard financial reporting process was disrupted. Consequently, submission of the final audit documents has been delayed.

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The Company expects the audit to be completed by May 30, 2026, with the annual filings completed as soon as possible thereafter. The Company acknowledges that reinstatement to trading shall occur only when the CTO is revoked and the Exchange has concluded its reinstatement review to ensure the Company has satisfactorily complied with Exchange requirements.

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Neither the TSX Venture Exchange Inc. 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 release. 

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About Current Water Technologies Inc.

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Current Water Technologies is a “Technology Company” applying its patented and proprietary “Electrochemical Technologies” to the treatment of waste water, desalination water and drinking water contaminated by metals or nutrients, i.e., nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors. Pumptronics Incorporated operates as a division of the Company and continue to function as an integrated pump station manufacturer specializing in custom design and automation.

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The common shares trade on Tier ll of the TSX Venture Exchange under the symbol “WATR”.

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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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FOR FURTHER INFORMATION PLEASE CONTACT:

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Dr. Gene S. Shelp, Ph.D., P.Geo.
President and CEO

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Tel: (519) 836-6155
Fax: (519) 836-5683
E-mail: [email protected]
Web Site: www.currentwatertechnologies.com

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Forward Looking Statements

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This news release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Current Water Technologies Inc. results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof. Certain statements contained in this press release and in certain documents incorporated by reference into this press release constitute forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and “confident” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Current Water believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release. Current Water undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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