Environmental Waste International Inc.

Environmental Waste International Inc.

September 09, 2005 18:13 ET

EWI: Convertible Loan

AJAX, ONTARIO--(CCNMatthews - Sept. 9, 2005) - Environmental Waste International Inc. ("EWI")(TSX VENTURE:EWS), subject to regulatory approval, has arranged for an arm's length loan of $450,000. The loan is for 26-months and has an interest rate of 12% paid monthly. The loan carries a two-year option to convert any portion up to the full value into common shares at $0.225 per share. If converted a maximum of two million common shares would be issued.

EWI has presently developed processors to treat medical waste, biological wastewater and rubber tires. EWI continues to work on designs for several other processors. Please visit Environmental Waste International Inc.'s home page on the Internet at: www.ewi.ca

WARNING: The Company relies upon litigation protection for "forward - looking" statements.

Shares Issued: 63,308,324

Contact Information

  • Environmental Waste International Inc.
    Dr. Stephen Simms
    (905) 686-8689