Stocks in play: H2O Innovation Inc.

Launched its mobile fleet of water and wastewater treatment systems and secure three new leasing contracts totaling $3.4 M. This new service offering will require CAPEX investment, which is made possible by the recent agreement with National Bank of Canada on June 30, 2023. This agreement led to a $10 M increase in the Corporation’s Blue Loan credit facility, which now stands at $75 M. This strategic initiative should enable H2O Innovation to broaden its range of services, strengthen its customer relationships through the sale of consumables required to operate the fleet assets, and thus improve its profit margins. H2O Innovation Inc. shares T.HEO are trading up $0.03 at $3.22.