DWR Announces Development of One of Only Two Permitted Esker Water Reserves in Quebec
August 13 2020 - 3:51PM
Dominion Water Reserves Corp. (“DWR”), a water
reserves holding company proudly announces the development of its
prominent esker water reserve as part of its growth strategy. This
unique 5-acre esker water reserve in the Outaouais, with an
authorized annual volume of nearly 1 billion liters, is now ready
for bulk transport and is accessible to markets. This source, one
of the two authorized eskers in Quebec, contains 9.4% of the volume
of Quebec abstraction authorizations, making it the second largest
source in authorized volume in Quebec. This exceptional volume of
source water under management ensures DWR will become the dominant
player in the North America water market.
Considering the unique quality of this esker
water, DWR is looking to partner with short-term specialty beverage
manufacturing to quickly start operations. Along with DWR's
portfolio of spring water reserves, which is the only water source
in North America containing 13% natural silicon, this source with
natural properties is sought after in the specialized water sector.
Our development plan is underway and will be released in the
near-term.
Our mission is to acquire and manage freshwater
a critical mass, in terms of capacity and geography of specialty
water assets and secure a leadership role in North America’s water
market, while prioritizing sustainability and environmental
consciousness. DWR further announces, as part of its expansion and
development plans to welcome back Marie-Claude Bourgie as Interim
President, with her expertise in providing strategic direction
across natural resource markets and climate change initiatives.
With previous roles such as Chief Development Officer at One Drop
Foundation, her strong belief in DWR’s growth potential and playing
a major role in the structure of the firm, Marie-Claude Bourgie is
a welcome addition to the company’s management as Norman Forrest
and Edward Ierfino resign from their posts to pursue other
initiatives,
About Dominion Water Reserves
Corp.
DWR’s 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’s volume of fresh
groundwater reserves currently under permit and is strategically
positioned to increase its holding. DWR’s 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’s fresh spring water. The corporation
prioritizes sustainability and environmental consciousness. A
strong governance structure is in place to ensure that the
corporation carries out its business responsibly, applying the
highest social and environmental standards.
For further information please
contact
Jean GosselinPhone:
514-707-0223Email: jgosselin@dwrcorp.net
Neither the CSE nor its Regulation
Services Provider accepts responsibility for the adequacy or
accuracy of this release.
SOURCE: Dominion Water Reserves Corp.
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