Peterborough, Ontario, CA -- February 21, 2023 -- InvestorsHub
NewsWire -- Rainmaker Worldwide Inc. (OTC:
RAKR) (“Rainmaker” or “Company” or “RAKR”), a global leader in
water solutions, has announced the addition of key resources to its
global operations team. Viva Industries, an investment company
owned by entrepreneurs Michael Skinner, John Gillis, and Ryan
Moore, will acquire a controlling interest in the Canadian
subsidiary of Rainmaker Worldwide Inc., and will re-name it
Rainmaker Canada & Caribbean Inc. (“RCCI”). This acquisition
will allow Rainmaker to focus on the growth of its global business
while the Viva Industries team drives the growth of the Canadian
and Caribbean markets.
As part of the transaction, Michael Skinner will assume the role
of Chief Executive Officer of RCCI, John Gillis will be the Chief
Technical Officer, and Ryan Moore will take on the role of Chief
Strategy Officer & VP Business Development. Skinner and Gillis
were early investors in Rainmaker, and their expertise will greatly
enhance the Company's capacity to provide innovative solutions to
the water crisis.
RCCI will continue to sell Rainmaker's award-winning
Air-to-Water Technology, as well as other products and services
provided for in the Joint Development Agreement between Rainmaker
and Miranda Environmental and Water Treatment Technologies, Energy,
Natural Resources, Engineering, Consulting, Construction and
Commerce Inc. (“Miranda”) which remains in force. The full suite of
products for the combined group now includes distributed solutions
using Reverse Osmosis, Wastewater Treatment, and Water Filtration
Technology.
"I have always been impressed with the needs that Rainmaker's
Technology fulfills on a global scale," said Michael Skinner. "With
the addition of the Miranda Technology, I believe Rainmaker is
strategically positioned to be a global leader in solving the issue
of providing safe drinking water and dealing with wastewater."
Michael O'Connor, Executive Chairman of Rainmaker, said, "We are
excited to welcome Michael Skinner, John Gillis, and Ryan Moore to
the Rainmaker team. John Gillis, the 2020 Water Canada
Business Person of the Year, will provide strategic engineering
expertise to Rainmaker’s global operations. Their
combined expertise and leadership will enable us to continue to
provide innovative solutions for the water crisis and drive growth
for the Company."
Bulent Hatay, CEO of Miranda, said, “The Miranda Technology
fulfills a definite need in the Canadian and Caribbean markets and
we are very happy to welcome the addition of John Gillis, Michael
Skinner and Ryan Moore to our partnership with Rainmaker.”
The transaction is expected to close by April 1st, 2023.
About Rainmaker Worldwide Inc.
Rainmaker Worldwide Inc. (OTC:
RAKR) is a leader in affordable water solutions through a
Water-as-a-Service business model. Rainmaker 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.
About Rainmaker Canada and Caribbean
Rainmaker Canada and Caribbean is the subsidiary division of
Rainmaker Worldwide Inc. that develops and deploys Rainmaker and
its partners' technology within Canada as well as the
Caribbean.
About Viva Industries Inc.
Viva Industries is an investment company that acquires,
develops, and commercializes water and sustainable technologies
through four integrated divisions — strategic investments, research
and development, solution commercializing, and business channel
development. www.vivaindustries.ca.
About Miranda Environmental and Water Treatment
Technologies, Energy, Natural Resources, Engineering, Consulting,
Construction and Commerce Inc.
Miranda is an internationally recognized leader in biological
water & wastewater treatment and water reuse systems. Miranda
is headquartered in Ankara, Turkey. Miranda’s wastewater treatment
systems are sold and supported by a global network of distributors,
dealers and installers in over thirty (30) countries worldwide. For
the latest product information and FAQs, please visit https://mirandawater.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
Media Contact
Viva Industries Inc.
Michael Skinner
Managing Partner
mskinner@vivaindustries.ca
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