Quest Water Management Returns from Angolaadmin
Quest Water Management Returns from Angola
Vancouver, British Columbia CANADA, November 08, 2013 /FSC/ – Quest Water Global, Inc. (QWTR – OTCQB),(“Quest” and/or “Quest Water” and/or “Company”), an innovative water technology company, and developer of the AQUAtap(tm) Community Drinking Water Station and WEPSTM Water Extraction and Purification System, is pleased to provide the following update following management’s recent visit to Angola.
Quest Water reports that the primary purpose of the trip was to meet with the Company’s new Angolan partner, Nurcil Trading – Comercio e Industria, Lda. (“NTCI”) and attend meetings with Angolan government officials to continue toward negotiating a final Agreement. The Agreement with the Ministry of Industry and the Ministry of Energy & Water, when completed, would see AQUAtap(tm) Community Drinking Water Stations installed in rural communities throughout Angola, and construction of an AQUAtap(tm) fabrication and assembly facility in the Viana Industrial Park, 30 kilometers east of Angola’s capital Luanda.
During the October visit, Quest Water also began the process of submitting an application by Aquatap Industrial Lda to the Angolan National Private Investment Agency-ANIP, the only accredited entity responsible for private investment in the country. Approval by ANIP is a formal requirement before the Angolan government can conclude an Agreement with Quest Water and its Angolan subsidiary, Aquatap Industrial Lda.
“Much of this trip was spent working out the finer details of our business arrangement with our partners at NTCI,” said John Balanko, Quest Water Global CEO & President. “We also had an opportunity to review the technical and financial terms with government officials, which will hopefully help clear the way toward the conclusion of the formal agreement with the government. We plan on returning to Angola before year end with the aim of further advancing the negotiation of a deal leading to the installation and construction of our AQUAtap(tm) units in Angola.”
About Quest Water Global Inc.
Quest Water Global Inc., and it wholly-owned operating subsidiary Quest Water Solutions Inc., is an innovative water technology company that provides sustainable and environmentally sound solutions to water scarce regions. We use proven technologies to create economically viable products that address the critical shortage of clean drinking water in developing countries. Our goal is to provide an alternative, sustainable source of pure water at the smallest possible environmental cost, while becoming a leading company in providing turn-key solutions using alternative energy for the purification, desalination, and distribution of clean drinking water. For more information on Quest Water visit our website at www.QuestWaterSolutions.com
About Aquatap Industrial Lda.
Aquatap Industrial Lda. is Quest Water Global’s majority owned Angolan subsidiary for the purpose of manufacturing and marketing AQUAtap(tm) systems throughout Angola. The subsidiary will consist of three divisions; importation, fabrication & assembly, and sales & marketing.
Utilizing solar-powered water purification technology, Quest Water has developed a highly efficient, self-contained, community-operated water distribution system, designed to provide a sustainable solution to communities who lack the resources and infrastructure to access a clean, reliable water source. Quest Water’s compact, transportable water purifier, the AQUAtap(tm), is a powerful water filtration and purification system that can take a typically unsafe water source, like polluted wells, rivers, lakes, and boreholes, as well as saline, and brackish sources, and create 100% purified, natural drinking water for entire communities, with output of up to 100,000 liters a day. The patented Aquatap technology is also beneficial to the environment, using no harmful chemicals throughout the entire process as well as producing zero carbon emissions. The AQUAtap(tm) was designed with ease of transportation, installation, and operation in mind.
Notice Regarding Forward Looking Statements
This press release contains projections and forward-looking statements, as that term is defined under applicable securities laws. Statements in this press release, which are not purely historical, are forward-looking statements. These statements are only predictions and involve known and unknown risks which may cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information, including: negative results from the Company’s field operations; the effects of government regulation on the Company’s business; risks associated with the Company’s ability to obtain and protect rights to its intellectual property; risks and uncertainties associated with the Company’s ability to raise additional capital; loss of management; and other factors beyond the Company’s control. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity or performance. Further, any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by applicable law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for management to predict all of such factors and to assess in advance the impact of such factors on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement. Readers should also refer to the risk factor disclosures and other disclosures outlined in the Company’s periodic reports filed from time-to-time with the Securities and Exchange Commission on Edgar at www.sec.gov and with the British Columbia Securities Commission on SEDAR at www.sedar.com.
Quest Water Global, Inc.
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Source: Quest Water Global, Inc. (OTCQX: QWTR) http://www.questwatersolutions.com
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Posted: November 8th, 2013 under FSCWIRE.