Rainmaker Worldwide converts $276K loan receivable into 1.7M shares of private subsidiary RWI

Rainmaker Worldwide Inc.

Company assumed $112,378 in liabilities (loans, interest, AP) applied against $388K loan receivable from RWI.
Remaining $275,622 converted into 1,724,312 common shares of RWI at CA$0.23 per share.
Post-transaction, Rainmaker's ownership in RWI increased to 10,753,874 common shares.
Transaction effective December 31, 2024; agreement signed with privately owned Canadian company RWI.
Liabilities assumed were already recognized on the Company's balance sheet.

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