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WPUR Envisions Sustainable Power Solution For Cryptocurrency And Web3 Future

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WaterPure International (OTC Pink: WPUR) has launched a significant solar farm project aimed at becoming one of the largest in the world. This initiative seeks to support sustainable cryptocurrency and web3 efforts by utilizing underused labor markets in Africa. WPUR is also committed to water management technologies and electric innovations. The company is currently negotiating for property and financing for the project, which will be phased alongside its partnership with Alternet Systems for off-grid EV charging in Kenya. Further details are expected to be released soon.

Positive
  • Launch of a solar farm project aimed at sustainability and significant market positioning.
  • Partnership with Alternet Systems to implement off-grid EV charging in Kenya, expanding market reach.
  • Focus on both water and electric technologies, diversifying business operations.
Negative
  • Current negotiations for property and financing may imply uncertainties in project execution.
  • No concrete financial metrics or timelines provided for project completion.

Dallas, Texas, Jan. 10, 2022 (GLOBE NEWSWIRE) -- WaterPure International, Inc. (OTC Pink: WPUR) today confirmed the company has initiated a solar farm project with the goal of becoming one of the largest solar farms in the world.

The solar farm project is part of an initiative to make the future of cryptocurrency and web3 sustainable by tapping into the underutilized labor markets in Africa for mining with power provided by WPUR’s solar farm(s).

Currently, Africa is not included on the list of the 15 largest solar farms in the world. WPUR plans to change that.

WPUR has recently refreshed its commitment to delivering water management technologies to the water utilities market and added electric technology innovations for the electric utilities market as an additional focus.

WPUR recently announced with Alternet Systems, Inc. (OTC Pink: ALYI) partnering on the implementation of an off grid electric vehicle (EV) charging solution to be rolled out in Kenya.

The solar farm project announced today is intended to be phased into WPUR’s partnership with ALYI.

WPUR management plans to release more information on the solar farm project later this month.  The company has entered into early negotiations to secure the necessary property for the solar farm and is also in negotiations to secure financing for the first phase of the project.

To learn more, visit https://www.wpurinc.com/.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact:
WaterPure International, Inc.
Sean Mathis
info@wpurinc.com
972-918-5256


FAQ

What is the purpose of WaterPure International's solar farm project?

The solar farm project aims to support sustainable cryptocurrency and web3 initiatives while utilizing underused labor markets in Africa.

When was the solar farm project announced?

The solar farm project was announced on January 10, 2022.

How is WaterPure International partnering with Alternet Systems?

WaterPure International is partnering with Alternet Systems to implement an off-grid electric vehicle charging solution in Kenya.

What are the next steps for WaterPure International's solar farm project?

WPUR plans to secure property and financing for the solar farm project, with more details expected later this month.

What is WPUR's stock symbol?

WaterPure International's stock symbol is WPUR.

WATERPURE INTL INC

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Specialty Industrial Machinery
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United States of America
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