QUEBEC CITY, QUEBEC--(CCNMatthews - April 16, 2007) - H2O Innovation (2000) inc. ("H2O") (TSX VENTURE:HEO)(Alternext:MNEMO:ALHEO). In the press release of April 16th , 2007 - pertaining to the CAN$ 15M financing and the acquisition of a US wastewater treatment Company - it has been omitted to announce that the placement could amount to CAN$ 16.5M. It is worth mentioning that the private placement is composed of units at a price of $1.75 per unit. Each unit will consist of one common share of H2O and one common share purchase warrant. Each share purchase warrant entitles the holder thereof to purchase one common share at a price of $2.30 at any time prior to 5:00 p.m. (Montreal time) on the date that is 24 months following the closing of the offering.
FOR FURTHER INFORMATION PLEASE CONTACT:
H2O Innovation (2000) inc.
Guy Goulet
President and Chief Executive Officer
514-294-7000
ggoulet@h2oinnovation.com
H2O Innovation (2000) inc.
Frederic Dugre
Executive Vice-President
418-688-0170
fdugre@h2oinnovation.com
