Data Watts Corporate Update

April 24, 2025 09:02 PM EDT | By News File Corp
 Data Watts Corporate Update
Image source: Kalkine Media

Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Data Watts Partners Inc. (CSE: DWTZ) ("Data Watts" or the "Company") is pleased to announce the appointment of Patrick Collins as President and Director of the Company. Based in Sydney, Australia, Mr. Collins brings significant business acumen and international leadership experience to the Data Watts team.

Mr. Collins has successfully led and delivered multiple large-scale infrastructure projects in Australia, with capital expenditures exceeding $3 billion. He holds a Civil Engineering degree from the University of Wollongong and a Candidate Master's degree in Property Engineering from the University of Technology Sydney.

"We are delighted to welcome Patrick to our leadership team as we begin to define and implement our global vision," said Scott Young, CEO of Data Watts. "Having a senior executive based in Sydney provides us with direct regional representation and enhances our ability to execute our business model in Australia."

As part of this transition, Ali Saheli will step down from the Board of Directors and as President and assume a new role on the Advisory Board. The Company will work with Mr. Saheli on advancing the Company's initiatives in the micro nuclear reactor (SMR) market, an area of strategic importance for Data Watts. Further updates and developments will be shared in future news releases.

Additionally, the Company has entered into a loan agreement with a British Columbia-based corporation for up to $100,000. The loan bears interest at 7% per annum, and includes the issuance of 1,000,000 warrants, exercisable at $0.55 per warrant for a period of two years.

The Company has also approved the issuance of 400,000 stock options to various consultants, with an exercise price of $0.55 per option.

About Data Watts Partners Inc.

Data Watts Partners. (CSE: DWTZ) is a leader in the Data Watts economy, namely uranium, SMRs, AI applications and quantum computing, DWTZ offers wholesale and retail investors access to some of the most exciting investment opportunities imaginable. As an Investment Issuer, the Data Watts investment edge comes from a unique understanding of uranium exploration, energy technology, and the downstream data and energy/wattage demand.

Additional information about Data Watts Partners Inc. can be found on its website at www.datawatts.io.

Neither CIRO nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Data Watts Partners Inc.

Scott Young, CEO, Data Watts Partners Inc.,
704 Alexander, Vancouver, BC, V6A 1E3
Tel: 905.766.0400, Toll free: 1.844.866.8123

Forward-Looking Statements:

This news release includes certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements about timing, future projects, management estimates and future revenues are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward-looking information can be identified by words such as "pro forma", "plans", "expects", "will", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, statements as to the anticipated business plans and timing of future activities of the Company and its wholly-owned subsidiaries, including the ability of the Company to obtain sufficient financing to fund its business activities and plans, delays in obtaining regulatory approvals (including of the Canadian Securities Exchange), changes in laws, regulations, and policies affecting the Company's operations and the Company's limited operating history.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this presentation or incorporated by reference herein, except as otherwise required by law.

The Canadian Securities Exchange has not approved nor disapproved the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249744


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations, and video (Content) is a service of Kalkine Media Incorporated (“Kalkine Media, we or us”), Business Number: 720744275BC0001 and is available for personal and non-commercial use only. The advice given by Kalkine Media through its Content is general information only and it does not take into account the user’s personal investment objectives, financial situation and specific needs. Users should make their own enquiries about any investment and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media is not registered as an investment adviser in Canada under either the provincial or territorial Securities Acts. Some of the Content on this website may be sponsored/non-sponsored, as applicable, however, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content. Some of the images/music that may be used in the Content are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used in the Content unless stated otherwise. The images/music that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.