EnWave Announces Normal Course Issuer Bid

VANCOUVER, British Columbia, Oct. 19, 2020 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave,” or the “Company”) today announced that the TSX Venture Exchange (“TSXV”) has accepted the Company’s notice of intention to make a normal course issuer bid. Under the terms of the normal course issuer bid, EnWave may acquire up to 10,918,104 common shares, representingContinue reading “EnWave Announces Normal Course Issuer Bid”

EnWave Announces 2020 Third Quarter Consolidated Interim Financial Results and Corporate Strategy Update

#ENW Highlights for Q3 Revenue from EnWave in Q3 2020 was $1,609 (expressed in ‘000s) compared to $5,075 in Q3 2019, a decrease of $3,466 or 68%. The decrease in revenue was due to a slowdown in large-scale Radiant Energy Vacuum (“REVTM”) machinery sales primarily to cannabis royalty partners. Reduced company-wide overhead expenses by $1.0Continue reading “EnWave Announces 2020 Third Quarter Consolidated Interim Financial Results and Corporate Strategy Update”

EnWave Signs Technology Evaluation and License Option Agreement with NuWave Foods Inc. to Develop Shelf-Stable Baked Goods

VANCOUVER, British Columbia, May 14, 2020 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that it has signed a Technology Evaluation and License Option Agreement (the “Agreement”) with a Canadian food company NuWave Foods Inc. (“NuWave”)  to evaluate the potential commercial use of the Company’s Radiant Energy Vacuum (“REV™”) dehydration technology.Continue reading “EnWave Signs Technology Evaluation and License Option Agreement with NuWave Foods Inc. to Develop Shelf-Stable Baked Goods”