Eguana Announces Early Conversion of Series A Preferred Shares and Exercise of 4,000,000 Warrants

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Last update: Dec 17, 2021

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CALGARY, Alberta, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Eguana Technologies Inc. (“Eguana” or the “Company”) (TSX.V:EGT) (OTCQB: EGTYF) announces that, effective as of December 17, 2021, DHCT II Luxembourg SARL (“DHCT”), the Company’s largest shareholder, has elected to convert all of the Series A preferred shares (the “Series A Shares”) it holds, being 434,860 Series A Shares, into 18,119,167 common shares (the “Conversion Shares”) of the Company (the “Series A Conversion”).