Clean TeQ Water Quarterly Report Released: Continued Strong Growth and Excellent Outlook Driven by Major Contract Wins
Retrieved on:
Monday, August 1, 2022
MELBOURNE, Australia, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Clean TeQ Water (ASX:CNQ) (OTCQX: CNQQF) has released its June 2022 Quarterly Report , showing quarterly cash receipts of AUD 2.5M up by 60% from the previous quarter (AUD 1.6M).
Key Points:
- MELBOURNE, Australia, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Clean TeQ Water (ASX:CNQ) (OTCQX: CNQQF) has released its June 2022 Quarterly Report , showing quarterly cash receipts of AUD 2.5M up by 60% from the previous quarter (AUD 1.6M).
- The quarter included an AUD 5M contract signed with Power Water Corporation in the Northern Territory, Australia, to remove uranium from a remote community's groundwater.
- Clean TeQ Water's recent growth is driven by its portfolio of unique technology solutions that the Company is implementing throughout the world.
- Clean TeQ Water's 100% owned subsidiary, NematiQ , has progressed towards field piloting by converting recently produced membrane sheets into membrane elements and skids.