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The Alkaline Water Company Inc. Announces Listing on the Canadian Securities Exchange

The Alkaline Water Company (NASDAQ: WTER) announced that its shares will start trading on the Canadian Securities Exchange (CSE) on May 19, 2020, following approval for the listing.

(Moderate)

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Rhea-AI Summary

The Alkaline Water Company (NASDAQ: WTER) announced that its shares will start trading on the Canadian Securities Exchange (CSE) on May 19, 2020, following approval for the listing. This move is accompanied by the delisting of its shares from the TSX Venture Exchange, effective May 15, 2020. The transition aims to facilitate trade in Canadian dollars and strengthen market presence. The company's product lineup includes bottled alkaline water and CBD-infused products, marketed under Alkaline88®, A88™, and A88CBD™ brands.

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Positive

  • Shares commence trading on the Canadian Securities Exchange (CSE) on May 19, 2020.
  • The CSE listing allows for trading in Canadian dollars.

Negative

  • Delisting from the TSX Venture Exchange may impact existing investors.
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News Market Reaction – WTER

The recorded move for WTER in the trading session of this news was +4.66%.

Data tracked by StockTitan Argus. Session date unavailable.

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SCOTTSDALE, Ariz., May 19, 2020 (GLOBE NEWSWIRE) -- The Alkaline Water Company Inc. (NASDAQ and TSXV: WTER) (the “Company”), a producer of bottled alkaline water, flavored-infused waters, and CBD-infused products sold under the brand names Alkaline88®, A88™, and A88CBD™, respectively, announces that the Canadian Securities Exchange (the “CSE”) has approved the listing of the Company’s shares of common stock (the “Shares”) on the CSE (the “CSE Listing”) and expects that its Shares will commence trading on the CSE at market open on May 19, 2020 under the symbol “WTER” and will continue to trade in Canadian dollars. In connection with the CSE Listing, the Company expects to delist its Shares from the TSX Venture Exchange (the “TSXV”) at the close of the market on May 15, 2020. 

The Alkaline Water Company Inc.

Richard A. Wright
President and CEO
800-923-1910
investors@thealkalinewaterco.com

Media

Jessica Starman
888-461-2233
jessica@elev8newmedia.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the significance of WTER's listing on the CSE?

The listing on the Canadian Securities Exchange provides a new trading platform for WTER, allowing shares to be traded in Canadian dollars.

When will WTER start trading on the CSE?

WTER shares will start trading on the CSE on May 19, 2020.

What happens to WTER shares on the TSX Venture Exchange?

WTER will delist from the TSX Venture Exchange at the close of the market on May 15, 2020.

What products does The Alkaline Water Company offer?

The company offers bottled alkaline water, flavored-infused waters, and CBD-infused products under the Alkaline88®, A88™, and A88CBD™ brands.

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