Inactive Instrument

Company Wavefront Technology Solutions Inc. Toronto S.E.

Equities

WEE

CA94354B1004

Oil Related Services and Equipment

Business Summary

Wavefront Technology Solutions Inc. is a Canada-based company engaged in the advancement of dynamic fluid injection technology for oil and gas well stimulation and improved/enhanced oil recovery (IOR/EOR). Through its Powerwave technology, the Company allows the oil and gas industry to place fluids into the reservoir. The Powerwave’s fluid pulses divert injected fluids away from established flow paths, achieving fluid distribution. Its Powerwave process is an injection technology that improves the flow of fluids in geological materials, including sedimentary soils and fractured rock. These materials are composed of a solid matrix and pore structure, which contain fluids, such as oil and gas. Its Primawave process is a method for aiding in-ground environmental remediation clean-up strategies at contaminated sites. Primawave provides the environmental sector with a solution for aiding in the clean-up of contaminated sites. It deals directly with exploration and production companies.

Sales per Business

CAD in Million2020Weight2021Weight Delta
Fluid Injection Technology
100.0 %
3 100.0 % 2 100.0 % -42.74%

Sales per region

CAD in Million2020Weight2021Weight Delta
Kuwait
70.7 %
1 36.6 % 1 70.7 % +10.53%
Saudi Arabia
15.0 %
1 46.5 % 0 15.0 % -81.54%
North America
13.7 %
0 3.7 % 0 13.7 % +111.46%
Other International
1.1 %
0 7.0 % 0 1.1 % -90.66%
Middle East
-0.5 %
0 -0.6 % 0 -0.5 % -46.57%

Managers

Managers TitleAgeSince
Chief Executive Officer - 80-12-07
Director of Finance/CFO - 01-04-23

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 01-03-31
Chief Executive Officer - 80-12-07
Director/Board Member - 03-12-14
Director of Finance/CFO - 01-04-23
Director/Board Member - 13-02-21
Director/Board Member 62 16-12-19

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 91,010,165 91,010,165 ( 100.00 %) 0 100.00 %

Shareholders

NameEquities%Valuation
BluMont Capital Corp.
0.0107 %
9,700 0.0107 % 582 $
MAI Capital Management LLC
0.000000 %
0 0.000000 % - $

Company contact information

Wavefront Technology Solutions, Inc.

70 Street North West Suite 5621

T6B 3P6, Edmonton

+

http://www.onthewavefront.com
address Wavefront Technology Solutions Inc.(WEE)
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