{"id":452404,"date":"2021-03-08T07:33:13","date_gmt":"2021-03-08T12:33:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=452404"},"modified":"2021-03-08T07:33:13","modified_gmt":"2021-03-08T12:33:13","slug":"dominion-water-reserves-grants-options-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-water-reserves-grants-options-3\/","title":{"rendered":"Dominion Water Reserves Grants Options"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">\n        <strong>NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.<\/strong><br \/>\n        \n      <\/p>\n<p align=\"justify\">MONTREAL, March  08, 2021  (GLOBE NEWSWIRE) &#8212; <strong>Dominion Water Reserves Corp.<\/strong> (\u201c<strong>DWR<\/strong>\u201d or the \u201c<strong>Company<\/strong>\u201d) (CSE: DWR), is pleased to announce have exercised his option to acquire a 100% interest in the Sources Sainte-C\u00e9cile and Saint-\u00c9lie de Caxton Water Rights, through the acquisition (the \u201cProposed Acquisition\u201d) of all the issued and outstanding shares of 3932095 Canada Inc. and Source Sainte-C\u00e9cile Inc. (the \u201cTarget Companies\u201d) in consideration of the issuance of 4,720,000 common shares (each a \u201cShare\u201d) of the Corporation and have granted a total of 6,499,066 incentive stock options to directors, officers and consultants under the Company&#8217;s stock option plan (the \u201cPlan\u201d). The Options, subject to the terms of the Plan and the corresponding option agreement, are exercisable at a price of CAD $0.145 per share for a period of up to two years expiring on March 5, 2023.<\/p>\n<p align=\"justify\">\n        <strong>ON BEHALF OF THE BOARD OF DIRECTORS<\/strong>\n      <\/p>\n<p align=\"justify\">\u201c<em>Germain Turpin\u201d<\/em><\/p>\n<p align=\"justify\">Germain Turpin<br \/>Chief Executive Officer<\/p>\n<p align=\"justify\">\n        <strong>About Dominion Water Reserves Corp.<\/strong>\n      <\/p>\n<p align=\"justify\">DWR\u2019s operations are based in Quebec, with its primary business being a consolidator of the water industry by acquiring fresh spring water permits and developing operations across Quebec with plans to expand across North America. DWR currently controls more than 30% of Quebec\u2019s volume of fresh groundwater reserves currently under permit and is strategically positioned to increase its holding. DWR\u2019s mission is to acquire, manage and develop spring water assets building a critical mass in terms of capacity and strategically securing a leadership role in North America\u2019s fresh spring water.\u00a0 The corporation prioritizes sustainability and environmental consciousness.<\/p>\n<p align=\"justify\">\n        <strong>For further information please contact<\/strong><br \/>\n        <br \/>Jean Gosselin<br \/>Phone: 514-707-0223<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=LKkue1Czkw2F8JCiHQb8B3okSfHykxNwJCntELXRDAPHgsQFtSJLcMAL016pSJii37anxMq92vJ1nph_IITQqSHThxfp1cMJVbq4a9S1BW4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">jgosselin@dwrcorp.ca<\/a><\/p>\n<p align=\"justify\">\n        <strong>Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>This news release includes certain &#8220;forward-looking statements&#8221; under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the expected proceeds of the Offering, the completion of the Offering including the timing thereof, and the intended use of proceeds. Forward-looking statements are necessarily based upon several estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, the risk factors included in DWR&#8217;s final long form prospectus dated July 31, 2020, which is available under the issuer&#8217;s SEDAR profile at <\/em><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8TR_uCIAlPam-eGOdakPMM2VyKuIcCcwhhuzqyc1kGMY6qNpFAxKHekwVV8zADf2lgkx4KhNsrcdJv8GkpLtCQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <em>www.sedar.com<\/em><br \/>\n        <\/a><br \/>\n        <em>. Material factors or assumptions were applied in providing forward-looking information. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Should any factor affect DWR in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, DWR does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and DWR undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law.<\/em>\n      <\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTY0MCM0MDUxNzc2IzIyMDE3NjE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/4dc9bf80-6692-4f02-a3a6-33f1c08a625d\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. MONTREAL, March 08, 2021 (GLOBE NEWSWIRE) &#8212; Dominion Water Reserves Corp. (\u201cDWR\u201d or the \u201cCompany\u201d) (CSE: DWR), is pleased to announce have exercised his option to acquire a 100% interest in the Sources Sainte-C\u00e9cile and Saint-\u00c9lie de Caxton Water Rights, through the acquisition (the \u201cProposed Acquisition\u201d) of all the issued and outstanding shares of 3932095 Canada Inc. and Source Sainte-C\u00e9cile Inc. (the \u201cTarget Companies\u201d) in consideration of the issuance of 4,720,000 common shares (each a \u201cShare\u201d) of the Corporation and have granted a total of 6,499,066 incentive stock options to directors, officers and consultants under the Company&#8217;s stock option plan (the \u201cPlan\u201d). The Options, subject to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-water-reserves-grants-options-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Dominion Water Reserves Grants Options&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-452404","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dominion Water Reserves Grants Options - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-water-reserves-grants-options-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dominion Water Reserves Grants Options - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. MONTREAL, March 08, 2021 (GLOBE NEWSWIRE) &#8212; Dominion Water Reserves Corp. (\u201cDWR\u201d or the \u201cCompany\u201d) (CSE: DWR), is pleased to announce have exercised his option to acquire a 100% interest in the Sources Sainte-C\u00e9cile and Saint-\u00c9lie de Caxton Water Rights, through the acquisition (the \u201cProposed Acquisition\u201d) of all the issued and outstanding shares of 3932095 Canada Inc. and Source Sainte-C\u00e9cile Inc. (the \u201cTarget Companies\u201d) in consideration of the issuance of 4,720,000 common shares (each a \u201cShare\u201d) of the Corporation and have granted a total of 6,499,066 incentive stock options to directors, officers and consultants under the Company&#8217;s stock option plan (the \u201cPlan\u201d). 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MONTREAL, March 08, 2021 (GLOBE NEWSWIRE) &#8212; Dominion Water Reserves Corp. (\u201cDWR\u201d or the \u201cCompany\u201d) (CSE: DWR), is pleased to announce have exercised his option to acquire a 100% interest in the Sources Sainte-C\u00e9cile and Saint-\u00c9lie de Caxton Water Rights, through the acquisition (the \u201cProposed Acquisition\u201d) of all the issued and outstanding shares of 3932095 Canada Inc. and Source Sainte-C\u00e9cile Inc. (the \u201cTarget Companies\u201d) in consideration of the issuance of 4,720,000 common shares (each a \u201cShare\u201d) of the Corporation and have granted a total of 6,499,066 incentive stock options to directors, officers and consultants under the Company&#8217;s stock option plan (the \u201cPlan\u201d). 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