Alkaline Water issues 2M units upon Series E preferred conversion; pays dividend in stock

ALKALINE WATER Co INC

Issued 2,000,000 units (1 common share + 1/2 warrant) on conversion of 500,000 Series E preferred shares.
Warrants exercisable at $0.3125/share for 3 years; no additional consideration paid for conversion.
Paid $11,083.33 Series E dividend via 68,969 common shares valued at $0.1607 each.
Offering exempt under Section 4(a)(2)/Rule 506 to one accredited investor.

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