Rainmaker Worldwide Appoints D. Bruce Macdonald to Board of Directors
March 26 2018 - 10:25AM
InvestorsHub NewsWire
Rainmaker Worldwide
Appoints D. Bruce Macdonald to
Board of Directors
PETERBOROUGH, CANADA --
March
26,
2018 -- InvestorsHub NewsWire -- Rainmaker Worldwide
(OTC:
RAKR) announces the
appointment
of D.
Bruce Macdonald to
the company's Board of Directors, effective
immediately.
In addition to
his regular duties on the Board, Mr. Macdonald will serve as the Chair
of the
Audit
Committee.
Mr. Macdonald
has extensive experience in the financial services industry and
corporate governance.
Most
recently, he
was
Head of Commodities for RBC Capital Markets and Co-CEO of RBC
(Barbados) Trading Bank Corp. where he led RBC's Discretionary
Capital Group in the Bahamas. Previously, he
was Head of
Wholesale Technology and Operations for RBC's Capital Markets and
Wealth Management businesses.
Mr. Macdonald
was Chief Operating Officer for RBC Capital Markets and a member of
the RBC Capital Markets Operating Committee, a role he held for 12
years. He
was
an Executive Vice
President of Royal Bank of Canada and
served as
President of RBC Dominion Securities Inc.
from
2005 2015.
Michael
O'Connor, President of Rainmaker Worldwide said,
"I
am extremely pleased to have Mr. Macdonald join
the Rainmaker Board and Chair
our Audit Committee. He will be invaluable to Rainmaker's future
development in terms of capital markets guidance, corporate and
project financing, governance best practices,
and overall strategic advice and
direction.
Adding Bruce to
our Board
is an important step in our ongoing
process of enhancing
corporate
governance as we prepare for up-listing
to the OTCQB
exchange."
Bruce
Macdonald
said, "I am
honored
to
be
joining
the
Board of Rainmaker Worldwide
and
fully support their efforts to capture the vast opportunities in
the global water sector. I have strong confidence
in
the
Rainmaker
management team and their
proprietary
technology. The
company is ideally
positioned to make a meaningful and
sustainable difference
in a
world where
the
availability of
drinking water has reached crisis levels in so many
regions."
About Rainmaker Worldwide Inc.
Rainmaker
Worldwide Inc. (OTC:RAKR)
is
headquartered in Peterborough, Canada, with an innovation and
manufacturing center in Rotterdam, Netherlands. Our patented water
technology provides economical drinking water at scale wherever
it's needed.
Our key global
markets are:
- The humanitarian
sector where we are helping to bring safe drinking water to over
800 million people who are living without access to clean
water
- The commercial
sector with a focus on oil and gas, agri-food and mining that needs
a cost-effective, environmentally-friendly solution for cleaning
their wastewater
Rainmaker builds
two types of scalable,
energy-efficient, fresh water-producing technologies:
- Air-to-Water,
which harvests fresh water from the air
- Water-to-Water,
which transforms seawater or polluted water into drinking
water
The technology
is both wind and solar powered, is deployable anywhere, and leaves
no carbon traces. We also offer options for hybrid, grid and
diesel-powered models.
Our goal is to
become a global leader in solving the worldwide water crisis.
Simply put, we're creating safe, drinking water where little or
none exists. And, we offer innovative solutions to economically
produce pure water from commercial waste water streams and creating
significant environmental benefits in the process.
Interested
parties can access additional information about Rainmaker on the
Company's website located at http://www.rainmakerww.com.
For more information please contact:
Rainmaker
Worldwide Inc.
Michael
O'Connor
info@rainmakerww.com
+1-877-334-3820
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.
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