Sixth Wave Receives DTC Eligibility
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2020) - Sixth Wave Innovations Inc. (CSE: SIXW) (OTC Pink: ATURF) (FSE: AHUH) (the "Company" or "Sixth Wave"), a leading developer of highly selective molecularly imprinted polymers, is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC").
Through an electronic method of clearing securities, DTC eligibility simplifies the process of trading and transferring the Company's common shares between brokerages in the United States.
"We are very pleased to have received DTC eligibility. As we continue to expand and develop our business on a global scale, the increased simplicity and liquidity provided by DTC eligibility should increase shareholder exposure and visibility in the United States," commented Dr. Jonathan Gluckman, President/CEO of Sixth Wave.
About Sixth Wave
Sixth Wave is a development stage nanotechnology company focused on extraction and detection of target substances at the molecular level using its patented technologies in the highly specialized field of molecularly imprinted polymers. The Company is in the process of commercializing IXOS®, a line of extraction polymers for the gold mining industry. The Company plans to expand its mining offerings to include lithium extraction and cleanup of hazardous mining by-products such as mercury. Sixth Wave is also active in the health and wellness/life sciences field and has developed extraction polymers for the extraction of CBD, THC and other cannabinoids from cannabis extracts under the name AffinityTM. The nanotechnology architectures that the Company specializes in are amenable to other relevant detection and separation problems including the detection of viruses and other pathogens.
For more information about Sixth Wave, please visit our web site at: www.sixthwave.com
ON BEHALF OF THE BOARD OF DIRECTORS
Jonathan Gluckman, Ph.D., President & CEO
For information, please contact the Company:
Phone: (801) 582-0559
This press release includes certain statements that may be deemed "forward-looking statements" including statements regarding the IXOS® and AffinityTM Systems scale-up, THC remediation performance and commencement of full-scale production. All statements in this release, other than statements of historical facts, that address future events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual events or developments may differ materially from those in forward-looking statements. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, including the risks that AffinityTM System performance may not be maintained at production level, that anticipated cost savings and performance levels relative to competing technologies may not be realized, that other technologies with better performance or costs may be developed by competitors, or that the regulatory regime related to cannabis and hemp, which has evolved rapidly, may change in a manner adverse to the Company's business, and other risks detailed in the Company's filing statement available at www.sedar.com, which may cause the Company's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements.
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