Rainmaker Worldwide Inc. (OTCPK:RAKR) signed a Memorandum of Understanding to acquire Miranda Water Treatment Systems on October 5, 2022. Both Rainmaker Worldwide Inc. and Miranda Water Treatment Systems are in the midst of defining definitive agreements and finalizing mutual due diligence. Upon signing of the definitive agreements, the parties will release the purchase terms, as well as the full integration plan.

There can be no assurance that the parties will reach a definitive agreement.