Rainmaker Worldwide
Appoints D. Bruce Macdonald to
Board of Directors
Peterborough, Canada --
March 26, 2018 -- InvestorsHub NewsWire -- Rainmaker Worldwide
(OTC:
RAKR) announces the appointment of D. Bruce Macdonald to the
company's Board of Directors, effective
immediately.
In addition to his regular
duties on the Board, Mr. Macdonald will serve as the Chair of the Audit Committee.
Mr. Macdonald has extensive experience in
the financial services industry and corporate
governance.
Most recently,
he was Head of Commodities for RBC Capital
Markets and Co-CEO of RBC (Barbados) Trading Bank Corp. where he
led RBC's Discretionary Capital Group in the Bahamas.
Previously, he was
Head of Wholesale Technology
and Operations for RBC's Capital Markets and Wealth Management
businesses.
Mr. Macdonald was Chief Operating Officer
for RBC Capital Markets and a member of the RBC Capital Markets
Operating Committee, a role he held for 12 years.
He was an Executive Vice President of Royal Bank of
Canada and
served as President of RBC
Dominion Securities Inc. from 2005 2015.
Michael O'Connor, President
of Rainmaker Worldwide said, "I am extremely pleased to have
Mr. Macdonald join the
Rainmaker Board and
Chair our Audit Committee. He will be invaluable to Rainmaker's
future development in terms of capital markets guidance, corporate
and project financing, governance best practices, and overall strategic advice
and
direction.
Adding Bruce to our
Board is an important step in
our ongoing process of
enhancing corporate governance as we prepare for
up-listing to the OTCQB exchange."
Bruce Macdonald said, "I am honored to be joining the Board of Rainmaker Worldwide and fully support their efforts to capture
the vast opportunities in the global water sector. I have strong
confidence in
the Rainmaker management team and
their proprietary technology. The company is ideally positioned to make a
meaningful and
sustainable difference in a world where the availability of drinking water has reached
crisis levels in so many regions."
About Rainmaker
Worldwide Inc.
Rainmaker Worldwide Inc. (OTC:RAKR) is headquartered in Peterborough, Canada,
with an innovation and manufacturing center in Rotterdam,
Netherlands. Our patented water technology provides economical
drinking water at scale wherever it's needed.
Our key global markets
are:
- The humanitarian sector where we are
helping to bring safe drinking water to over 800 million people who
are living without access to clean water
The commercial sector with a
focus on oil and gas, agri-food and mining that needs a
cost-effective, environmentally-friendly solution for cleaning
their wastewater
Rainmaker builds two types of
scalable,
energy-efficient, fresh water-producing
technologies:
- Air-to-Water, which harvests fresh water
from the air
Water-to-Water, which
transforms seawater or polluted water into drinking
water
The technology is both wind and solar
powered, is deployable anywhere, and leaves no carbon traces. We
also offer options for hybrid, grid and diesel-powered
models.
Our goal is to become a global leader in
solving the worldwide water crisis. Simply put, we're creating
safe, drinking water where little or none exists. And, we offer
innovative solutions to economically produce pure water from
commercial waste water streams and creating significant
environmental benefits in the process.
Interested parties can access additional
information about Rainmaker on the Company's website located
at http://www.rainmakerww.com.
For more information
please contact:
Rainmaker Worldwide
Inc.
Michael
O'Connor
info@rainmakerww.com
+1-877-334-3820
www.rainmakerww.com
Forward Looking
Statements
Certain matters discussed in this
announcement contain statements, estimates, and projections about
the growth of Rainmaker's business, potential distribution
partnerships and/or clients, and related business strategy. Such
statements, estimates, and projections may constitute
forward-looking statements within the meaning of the federal
securities laws. Factors or events that could cause our actual
results to differ may emerge from time to time. Rainmaker
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. The recipient of this information is
cautioned not to place undue reliance on forward-looking
statements.
