Environmental Waste International Appoints New Director
March 10 2014 - 1:00PM
Marketwired
Environmental Waste International Appoints New Director
AJAX, ONTARIO--(Marketwired - Mar 10, 2014) - Environmental
Waste International Inc. ("EWS") (TSX-VENTURE:EWS) (the "Company"),
a company specializing in eco-friendly systems with proven patented
technology for the breakdown of organic materials, today announced
that Jian Guo (Bob) has been appointed as Director.
There has been growing interest in EWS from clients and
investors in China. Bob Guo, a Chinese Canadian, has considerable
experience in dealing with the cultural and language issues the
Company faces in managing these opportunities.
Mr. Guo is the founder and CEO of Goldenmount Global Investments
Ltd., an Exempt Market Dealer, as well as the Managing Partner of
Goldenmount Partners Fund I. Mr. Guo is a Director of GreenStar
Agricultural Corporation. Previous to this he worked for TD and BMO
Nesbitt Burns providing financial and advisory services to
corporate and individual investors. He was given the "Chinese
Business Excellence Award" for his expertise and professional
services.
Mr. Guo completed his engineering degree in China. He received
his MBA from the Schulich School of Business, York University,
Toronto.
The Company has received conditional approval to issue 798,000
common share purchase warrants (the "Warrants") to the holders of
previously issued debt securities in the aggregate amount of
$497,000 (the "Notes"). The Notes were payable on April 30, 2013.
All the holders of the Notes agreed to extend the maturity of the
Notes until April 30, 2014 and relinquish a convertible feature in
consideration for the issuance of the Warrants. Each Warrant
entitles the holder to purchase one common share of EWS at an
exercise price of $0.20 on or before April 30, 2015.
About Environmental Waste International Inc.
Environmental Waste International, Inc. specializes in
eco-friendly systems for the breakdown of organic materials,
including tires. EWS has spent over 15 years engineering systems
that integrate the EWS patented Reverse Polymerization™ process and
proprietary microwave delivery system. EWS's unique microwave
technology safely processes and recycles waste tires, while
creating highly valuable commodity outputs for industry, including
carbon black, oil and steel. Each unit is designed to be energy
efficient and where possible, create an economically positive model
for the recovery of various hydrocarbon oil and gases. For more
information please visit, www.ewi.ca.
Forward-Looking Statements
This news release includes certain forward-looking
statements that are based upon current expectations, which involve
risks and uncertainties associated with the Company's business and
the environment in which the business operates. Any statements
contained herein that are not statements of historical facts may be
deemed to be forward-looking, including those identified by the
expressions "anticipate", "believe", "plan", "estimate", "expect",
"intend", and similar expressions to the extent they relate to the
Company or its management. The forward-looking statements are not
historical facts, but reflect the Company's current expectations
regarding future results or events. These forward-looking
statements are subject to a number of risks and uncertainties that
could cause actual results or events to differ materially from
current expectations, including the matters discussed under "Risks
and Uncertainties" in the Company's most recent Management
Discussion & Analysis, which can be found on the Company's
profile at www.sedar.com. The Company assumes no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those reflected in the
forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Environmental Waste International Inc.Dr. Daniel
KautePresident(905) 686-8689 or (800)
399-2366Daniel.kaute@ewmc.comwww.ewi.caAlliance Advisors, LLCValter
PintoInvestor Relations(914) 669-0222
x201valter@allianceadvisors.net
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