VANCOUVER, British Columbia, Oct. 08, 2024 (GLOBE NEWSWIRE) --
EnWave Corporation (TSX-V:ENW | FSE:E4U) ('EnWave”, or the 'Company') announced today that it has signed a revolving credit facility agreement (the 'Credit Facility”) with Desjardins Tech & Innovation Banking of the Desjardins Group ('Desjardins”), the largest financial cooperative in North America. The amount available to the Company under the facility is calculated as the lesser of $5 million and a function of royalties, receivables and inventory.