AQTWM, Inc.

October 06, 2017 17:07 ET

AQTWM, Inc. files Preliminary Prospectus for Initial Public Offering of Common Shares

CALGARY, ALBERTA--(Marketwired - Oct. 6, 2017) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

AQTWM, Inc. (the "Company" or "Aqua Terra") is pleased to announce that it has filed a preliminary long form prospectus (the "Prospectus") with the securities commissions of each of the provinces of Canada, except Québec, in connection with an initial public offering of its common shares (the "Offering").

The Offering will be made through a syndicate of underwriters co-led by TD Securities Inc., Canaccord Genuity Corp. and RBC Capital Markets Inc. The number of common shares offered and the offering price of the common shares have not yet been determined and will be dependent on market conditions.

There can be no assurance that the Offering will be completed. An investment in the common shares of the Company is subject to a number of risks. The Prospectus contains important information relating to the Offering and is still subject to completion or amendment. For more information, potential investors should read the Prospectus which is available on SEDAR at www.sedar.com. The Prospectus has not yet become final for the purpose of a distribution to the public. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale or acceptance of an offer to buy the common shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the time a receipt for the final prospectus or other authorization is obtained from the securities commission or similar authority in such jurisdiction.

No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release is not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia) or any other jurisdiction outside Canada. This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction outside of Canada. The securities offered pursuant to the Prospectus have not been and will not be registered under the United States Securities Act of 1933, as amended, (the "U.S. Securities Act") or the securities laws of any state of the United States and may not be offered or sold within the United States absent registration or pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. There will be no public offering of securities in the United States.

About the Company

Aqua Terra is a growth-oriented oilfield water management and logistics company that provides water disposal services to Canadian and U.S. onshore oil and natural gas producers. The Company's Canadian facility infrastructure is focused on four hydrocarbon producing regions (the Montney, the Viking, Conventional Heavy Oil and the Saskatchewan Bakken) across British Columbia, Alberta and Saskatchewan, while its U.S.-based infrastructure spans three hydrocarbon producing regions (the Permian, the North Dakota Bakken and the Eagle Ford) across Texas and North Dakota.

Contact Information

  • AQTWM, Inc.
    David Apseloff
    Chief Financial Officer
    1 (888) 538-3967