Clean TeQ Water Ltd (ASX: CNQ), one of the few global, listed pure-play water innovation companies was demerged from its parent company in July 2022 to focus on further commercialization and growth of its portfolio of new technologies.

Clean TeQ Water Ltd (ASX:CNQ) was recently demerged from parent company Sunrise Energy Metals to focus on further commercialization and growth of its broad portfolio of new water treatment technologies. The company's results from its first official quarter were solid, with cash receipts of A$1.6 million, a 38% improvement compared to the previous quarter as a subsidiary.