Rainmaker Worldwide Inc. Announces Up-Listing to the OTCQB
March 21 2022 - 8:40AM
InvestorsHub NewsWire
PETERBOROUGH, Ontario, Canada -- March 21, 2022 -- InvestorsHub
NewsWire -- Rainmaker Worldwide Inc. (OTC:
RAKR) (the “Company” or
“Rainmaker” or “RAKR”) has
successfully up-listed from the OTC Pink Market to the OTCQB®
Venture Market (the "OTCQB") effective Thursday,
March 17, 2022. Rainmaker will continue to trade under the ticker
symbol "RAKR".
RAKR’s OTCQB up-list better positions the Company to embark on a
greater growth trajectory. In compliance with OTCQB requirements
and quality standards, Rainmaker has increased its financial
transparency which will attract a wider pool of investors.
"Up-listing to the OTCQB is an important milestone that will
significantly improve our capital markets appeal,” explained
Rainmaker CEO Michael O’Connor. “By meeting all of the heightened
requirements and criteria of the OTCQB, Rainmaker can attract the
necessary capital to scale our clean water solutions around the
globe.”
OTC Markets Group Inc. requires all OTCQB companies to have
up-to-date financial reporting and undergo an annual verification
and management certification process, including meeting a minimum
bid price and other financial conditions.
Over the past year, the Company has been restructuring to prepare for a successful
up-list while advancing the commercial side of the business
including large projects in the Caribbean and Central America.
Mr. O’Connor stated, "The additional capital markets exposure
afforded by Rainmaker’s OTCQB listing will be invaluable as the
demand for our sustainable water solutions increase as a result of
rising water scarcity. We are extremely happy to up-list to the
OTCQB so we can make a more significant impact worldwide.”
About Rainmaker Worldwide Inc.
Rainmaker Worldwide Inc. (OTC:
RAKR) is a leader in affordable water solutions through a
Water-as-a-Service business model. RAKR is headquartered in
Peterborough, Canada. The Company provides economical drinking
water at scale wherever it is needed. Rainmaker was recognized as
the Best Community Impact Water Solutions Global 2020 by Capital
Finance International. For the latest product information and
FAQs, please visit www.rainmakerww.com.
Forward-looking Statements:
Certain matters discussed in this announcement contain
statements, estimates and projections about the growth of
Rainmaker’s business, potential distribution partnerships and/or
clients, and related business strategy. Such statements, estimates
and projections may constitute forward-looking statements within
the meaning of the federal securities laws. Factors or events that
could cause our actual results to differ may emerge from time to
time. Rainmaker undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise. The recipient of this
information is cautioned not to place undue reliance on
forward-looking statements.
Investor Contact
Rainmaker Worldwide Inc.
Michael O’Connor
Executive Chairman and Chief Executive Officer
info@rainmakerww.com
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