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H2O Innovation Announces Acquisition of an Operation & Maintenance Company in Texas and a Bought Deal Private Placement of $13.0 M

- NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES. -

Key Highlights

Acquisition of a leading Texas privately-owned company specializing in the water and wastewater asset management services for municipal utilities;operation and maintenance ("O&M") business pillar with an enhanced presence in Texas creating more synergies and cross-selling opportunities;H2O Innovation's Strengthens The transaction is expected to be immediately accretive to earnings and

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