The Alkaline Water Company Cancels Convertible Note

The Alkaline Water Company Inc. has announced the cancellation of a $130,000 Convertible Note. This move prevents the issuance of about 130 million shares, thus protecting shareholders from dilution. Removing this debt strengthens the balance sheet, enhancing the company's financial flexibility. The decision aligns with the company's strategy to uplist to the OTCQB Venture Market, promising better transparency and liquidity for shareholders.

The cancellation represents a strategic step toward meeting uplisting requirements. The company expects to share further updates in the weeks ahead, signifying ongoing efforts to enhance shareholder value.