VANCOUVER, CANADA, Nov. 28, 2023 (GLOBE NEWSWIRE) — QUEST WATER GLOBAL, INC. (OTC Pink: QWTR) (“Quest” and/or the “Firm”), an modern water know-how firm and developer of the solar-powered AQUAtapTM water purification, desalination, and distribution know-how, offers the next world growth plans.
Quest Water International, Inc. is happy to announce the institution of a strategic partnership in South Africa with AQUAtapTM Oasis South Africa (Pty) Ltd. This partnership marks a major milestone for the Firm and is a testomony to their dedication to selling range and financial empowerment within the area. AQUAtapTM Oasis South Africa (Pty) Ltd. could have entry to Quest Water International, Inc.’s water applied sciences, market-driven enterprise mannequin, and experience, whereas additionally benefiting from the data and expertise of their native companions.
AQUAtapTM Oasis South Africa (Pty) Ltd is a BEE (Black Financial Empowerment) compliant firm, with 51% of its fairness held by two Black-owned South African firms. These companions are extremely respected and completed, making them very best collaborators for the Firm. The remaining 49% of the fairness is owned by Quest, solidifying their dedication to the partnership.
Black Financial Empowerment is a coverage of the South African authorities which goals to facilitate broader participation within the financial system by Black individuals. A type of affirmative motion, it’s supposed particularly to redress the inequalities created by apartheid.
“We’re thrilled to accomplice with Yonga Industries (Pty) Ltd. and Yorown Vitality (Pty) Ltd. in forming AQUAtapTM Oasis South Africa (Pty) Ltd., and to contribute to the financial empowerment of the area. This partnership aligns with our core values of range and sustainability, and we’re assured that collectively, we will make a optimistic socioeconomic affect in South Africa,” said John Balanko, President & CEO of Quest Water International, Inc.
Quest Water International, Inc. can also be presently forming new partnerships in Kenya and the South Pacific Island Nation of Kiribati to determine sustainable clear water initiatives inside every nation. Working carefully with its native companions, the Firm will likely be implementing modern options to supply entry to reasonably priced and dependable clear ingesting water, with the purpose of bettering the general well being and well-being of the communities in these nations. This growth is proof of Quest Water International’s dedication to creating a optimistic affect on a worldwide scale.
The Firm is proud to announce the graduation of producing its AQUAtapTM Water Purification and Distribution programs in South Africa. This growth marks a major milestone for Quest because it goals to supply clear, secure ingesting water to communities in want throughout the continent.
Quest plans to broaden manufacturing to the Democratic Republic of Congo and Kenya in 2024. By manufacturing throughout the African continent, the Firm considerably reduces its prices, with a lot of the elements being sourced domestically. With the growth of producing in Africa, the Firm goals to extend the supply and affordability of those programs. The Firm is dedicated to its mission of offering reasonably priced, clear ingesting water to these in want, and this growth of producing in Africa is a major step in the direction of reaching that purpose.
About Quest Water International, Inc.
Quest Water International, Inc., is a socially accountable, modern water options firm. The Firm’s purpose is to supply a everlasting, plentiful, reasonably priced, and sustainable supply of ingesting water to underserved communities. To attain its monetary, social, and environmental objectives, Quest makes use of an inclusive, market-driven Construct-Personal-Function enterprise mannequin. For extra info, go to the Firm’s web site at www.questwaterglobal.com.
Discover Concerning Ahead Wanting Statements
This press launch incorporates forward-looking statements, as that time period is outlined underneath relevant securities legal guidelines. Statements on this press launch, which aren’t purely historic, are forward-looking statements. These statements are solely predictions and contain identified and unknown dangers which can trigger precise outcomes and the Firm’s plans and goals to vary materially from these expressed within the forward-looking statements, together with: detrimental outcomes from the Firm’s operations; the consequences of presidency regulation on the Firm’s enterprise; dangers related to the Firm’s capability to acquire and shield rights to its mental property; dangers and uncertainties related to the Firm’s capability to boost further capital; lack of administration; and different components past the Firm’s management. Though the Firm believes that the expectations mirrored within the forward-looking statements are affordable, it can’t assure future outcomes, ranges of exercise or efficiency. Additional, any forward-looking assertion speaks solely as of the date on which such assertion is made, and, besides as required by relevant legislation, the Firm undertakes no obligation to replace any forward-looking assertion to mirror occasions or circumstances after the date on which such assertion is made or to mirror the prevalence of unanticipated occasions. New components emerge on occasion, and it’s not potential for administration to foretell all such components and to evaluate prematurely the affect of such components on the Firm’s enterprise or the extent to which any issue, or mixture of things, could trigger precise outcomes to vary materially from these contained in any forward-looking assertion. Readers must also confer with the danger issue disclosures and different disclosures outlined within the Firm’s periodic reviews filed from time-to-time with the Securities and Trade Fee on EDGAR at www.sec.gov and with the British Columbia Securities Fee on SEDAR at www.sedar.com.
Supply: Quest Water International, Inc.
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