H2O Innovation : the First North-American Company Listed on Alternext (by Euronext(TM)) in Paris
Quebec, Canada (ots/PRNewswire)
Messrs Guy Goulet, President and
Chief executive officer and Frédéric Dugré, Executive
Vice-President, proudly announced the listing of H2O Innovation
(2000) Inc. ("H2O", TSX-V: HEO, Alternext: MNEMO code: ALHEO) on the
Alternext (by Euronext(TM)) Exchange, Paris, in the presence of a
number of representatives from government, financial, corporate,
economic and environmental sectors. H2O will be the very first
North-American company listed on this exchange (MNEMO code: ALHEO).The company, which will maintain its current trading on the Canadian TSX Venture exchange, elected to list its shares on an European Exchange in order to reach a larger number of investors interested in the water treatment market. According to Mr Dugré: "Alternext is a financial platform which enables us to establish a closer relation with our European investors who already own more than 50 % of the company shares and who show a great interest for the water treatment, the environment and the renewable energies sectors". With this listing, H2O strengthens its financings in order to increase its growth capabilities through new acquisitions and geographical development.
From another point of view, Mr Denis Moffet, foundation professor at Finance and Insurance Department, Faculty of Management Science at Laval University declared: "In a context of globalization, financial sources to local companies are not restricted to Canada and United-States. We now observe Europe as a new source of investment funds within the reach of growing companies".
H2O is pursuing its market development in drinking water with a complete portfolio of membrane technologies for municipal, industrial and commercial sectors. H2O's mission is to develop, produce and market state-of-the-art, environmentally friendly products dedicated to the production of drinking water and the treatment of wastewater and industrial processed water.
The TSX Venture Exchange assumes no responsibility for the relevance or accuracy of this press release.
Contact:
For further information: Frédéric Dugré, Executive Vice-President,
+1-(418)-688-0170, fdugre@h2oinnovation.com; Olivia Dion, Marketing
and Communication Coordinator, +1-418-688-0170 extension 29,
odion@h2oinnovation.com