Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Nexia Announces Stock Exchange Listing, PharmAthene Amalgamation Proposal, New BioSteel Patent and Second Quarter 2007 Results

Nexia Biotechnologies Ltd. ("Nexia")(CNQ: NXBL-Z) today provided a corporate update and released financial results for the six-month period ended November 30, 2006.

Nexia Announces Stock Exchange Listing, PharmAthene Amalgamation Proposal, New BioSteel Patent and Second Quarter 2007 Results

EDMONTON, CANADA | Posted on January 22nd, 2007

Corporate Update (in Canadian dollars)

Nexia announced that it will begin trading on Canada's new stock exchange, the CNQ (, on Tuesday, January 23, 2007. Nexia's trading symbol is NXBL.

Today, PharmAthene, Inc. has announced a merger proposal with Health Care Acquisition Corp., which trades on the AMEX under ticker HAQ. Nexia has a significant investment in PharmAthene, Inc. Nexia shareholders are advised to follow developments in this transaction through the public announcements made by PharmAthene ( and by Health Care Acquisition Corp, a U.S. SPAC with over $65 million in cash assets.

Nexia has received an Issue Notification from the United States Patent and Trademark Office, for U.S. Patent No. 7,157,615. This patent strengthens and protects our intellectual property with respect to the production of biofilaments in transgenic animals.

Nexia has shipped transgenic goat milk to the University of Wyoming where BioSteel(R) is being purified and made available for research in industrial, medical device and nanotech applications. Nexia welcomes back Dr. Costas Karatzas, the former Senior VP of R&D of Nexia Biotechnologies Inc., as a consultant, who will assist in pursuing all possible strategies to maximize shareholder value.

The reorganization process with respect to Enseco Energy Services Corp. ("Enseco") was completed in late October 2006. Enseco has confirmed that it has obtained conditional listing approval from the TSX. Nexia shareholders will receive their pro-rata share of 2,125,000 Enseco shares, prior to those
shares beginning to trade.

Second Quarter 2007 Financial Results

The loss for the quarter and six-months ended November 30, 2006 was $289,000 ($0.01 per share). The loss represents operations for the period from the asset transfer on October 23, 2006, from Nexia Biotechnologies Inc., to November 30, 2006. No comparative figures have been presented as Nexia did not have operations in the previous year.


About Nexia
For more information, please visit Nexia's website at . Nexia's complete continuing disclosure documents, including: the second quarter 2007 report and interim financial statements, MD&A, can be accessed through Company's securities filings at .


Except for the historical information presented herein, matters discussed herein may constitute forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements preceded by, followed by, or that include the words "believes"; "anticipates"; "intends"; "plans"; "expects"; "estimates"; or similar statements are forward-looking statements. Such statements reflect management's current views and are based on certain assumptions.

Actual results could differ materially from those currently anticipated as a result of a number of factors. Nexia specifically disclaims any obligation to update these forward-looking statements. Nexia assumes no responsibility with respect to any information contained herein relating to any entity other than itself. Website addresses referred to herein are provided for convenience purposes only and information contained therein is not incorporated herein by reference, nor does Nexia assume any responsibility in connection therewith.

For more information, please visit . BioSteel(R) is a registered trademark of Nexia Biotechnologies Ltd. in Canada.

For more information, please click here

David L. Tonken, President, CEO and Chairman of
the Board, (780) 486-2317,

Copyright © CNW Group Ltd.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press


Color effects from transparent 3D printed nanostructures: New design tool automatically creates nanostructure 3D print templates for user-given colors Scientists present work at prestigious SIGGRAPH conference August 18th, 2018

Novel nanoparticle-based approach detects and treats oral plaque without drugs August 17th, 2018

UVA multidisciplinary engineering team designs technology for smart materials: The invention could lead to devices and manufactured goods, such as fabrics, that can dynamically regulate between thermally insulating and cooling August 17th, 2018

Smallest transistor worldwide switches current with a single atom in solid electrolyte: Milestone of energy efficiency in information technology -- Publication in Advanced Materials August 17th, 2018

Financial Reports

Nanometrics to Announce Second Quarter Financial Results on July 31, 2018 July 12th, 2018

180 Degree Capital Corp. to Provide Live Remote Access to Its Annual Meeting of Shareholders on June 12, 2018 June 12th, 2018

Nanometrics Reports First Quarter 2018 Financial Results: Record Revenues, Gross Margin and Earnings; Outlook Strengthens for FY 2018 May 1st, 2018

Nanometrics to Announce First Quarter Financial Results on May 1, 2018 April 10th, 2018

The latest news from around the world, FREE

  Premium Products
Only the news you want to read!
 Learn More
Full-service, expert consulting
 Learn More

Nanotechnology Now Featured Books


The Hunger Project