Mr. Kevin Loiselle reports

CLEARFORD WATER SYSTEMS ANNOUNCES PRIVATE PLACEMENTS OF $1.5 MILLION OF COMMON SHARES AND $3.5 CONVERTIBLE DEBENTURES

Clearford Water Systems Inc. has agreed to a private placement of three million common shares from treasury at a price of 50 cents per common share for proceeds of $1.5-million and has received conditional approval from the TSX Venture Exchange to close the placement. Of this amount, the company has received and closed subscription agreements from subscribers for 2.9 million of the three million shares for proceeds of $1.45-million. The remaining $50,000 of proceeds is expected to be received and the remaining 100,000 shares issued on or before Aug. 7, 2015. The private placement is subject to final approval by the TSX-V. The common shares issued will be subject to a restriction from trading on the TSX-V for four months from the closing date in accordance with TSX-V rules and regulations for private placements. This private placement comprises of investors from Europe and Asia. Proceeds will be applied to finance the company's internal operations and working capital requirements, project financing, and repayment of short-term debt and outstanding current liabilities.

The company has also negotiated a private placement of a $3.5-million convertible debenture bearing an interest rate of 5 per cent and is secured by its investment in UV Pure Technologies Inc. The private placement is expected to close in early August, 2015, subject to TSX-V approval. The debentures will be convertible into common shares of the company at an exchange price of 55 cents per share in minimum denominations of $100,000. In accordance with the TSX-V rules and regulations, there will be a trading restriction on the debenture and the associated treasury shares for four months from the date of closing. The private placement comprises investors from Europe.

These transactions were not brokered, and no placement fee is payable.

Prior to the issuance of these shares, the company had 78,209,057 issued and outstanding common shares and 101,556,243 on a fully diluted basis. Subsequent to the issue of private placement common shares from treasury, the company will have 81,109,057 issued and outstanding shares and 104,456,243 shares on a fully diluted basis.

We seek Safe Harbor.