Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Nanotech Security Corp. Completes Upsized $3.9 Million Financing: Nanotech to acquire two private companies to bring patents of nano-optic technology and related technologies under Nanotech umbrella

Abstract:
Nanotech Security Corp. (the "Company") (TSX-V: NTS), developer of next-generation security and authentication features using patented nano-optics, confirms that it has now closed its recently announced $3.9 million private placement of 4,900,500 subscription receipts. Each subscription receipt is convertible into a unit consisting of one common share and one half of one common share purchase warrant with each whole warrant exercisable for a period of 18 months at a price of $0.90. All securities issued in connection with the placement are subject to a hold period expiring on December 21, 2013. The proceeds from the placement are being held in escrow pending the completion of two patent-entity acquisitions, which were previously announced.

Nanotech Security Corp. Completes Upsized $3.9 Million Financing: Nanotech to acquire two private companies to bring patents of nano-optic technology and related technologies under Nanotech umbrella

Vancouver, Canada | Posted on August 23rd, 2013

Nanotech CEO Doug Blakeway commented, "Once the financing proceeds are released from escrow, we will use them to accelerate development and commercialization of our nanotechnology based optical imaging products for use in anti-counterfeiting systems for currency, documents and branded commercial products. We were pleased by the tremendous interest we received from the financial community which sees the opportunities for us to revolutionize the anti-counterfeiting and brand protection marketplace."

Blakeway added, "In addition to eliminating a significant royalty on product sales, the planned patent entity acquisitions will provide us with flexibility moving forward to develop applications for our nano-optics technology beyond security and anti-counterfeiting. Once completed, we will have direct ownership of the principal nanotechnology patents, as well as additional related and improvement intellectual property now owned by the private entities which will give us additional IP breadth and security of title."

####

About Nanotech Security Corp.
Nanotech Security Corp. is developing its nanotechnology for authentication and anti-counterfeiting markets under an exclusive sub-license from Simon Fraser University, where the technology originated. Nanotech Security Corp. has also developed technology and services in areas of criminal justice, infrared night-viewing, tracking security and forensics. For additional information about Nanotech Security’s KolourOptiks® nano-technology, visit vimeo.com/nanotechsecurity. More information about the Company can be found at the Company’s website www.nanosecurity.ca or www.sedar.com

For more information, please click here

Contacts:
Kevin Wilson

Copyright © Nanotech Security Corp.

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.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Imaging

FEI Technology Award of the German Neuroscience Society Goes to Benjamin Judkewitz of the University of Berlin: Bi-annual award honors excellence in brain research during the German Neuroscience Society’s Annual Meeting, held 18-21 March 2015 March 26th, 2015

News and information

Industrial Nanotech, Inc. Announces Next Large Order from the Oil and Gas Industry March 26th, 2015

Quantum compute this -- WSU mathematicians build code to take on toughest of cyber attacks: Revamped knapsack code offers online security for the future March 26th, 2015

Thousands of atoms entangled with a single photon: Result could make atomic clocks more accurate March 26th, 2015

Square ice filling for a graphene sandwich March 26th, 2015

Law enforcement/Anti-Counterfeiting/Security/Loss prevention

Pens filled with high-tech inks for do-it-yourself sensors March 3rd, 2015

Novel solid-state nanomaterial platform enables terahertz photonics February 17th, 2015

Waterloo invention advances quantum computing research: New device, which will be used in labs around the world to develop quantum technologies, produces fragile entangled photons in a more efficient way February 16th, 2015

Smart keyboard cleans and powers itself -- and can tell who you are January 21st, 2015

Announcements

Industrial Nanotech, Inc. Announces Next Large Order from the Oil and Gas Industry March 26th, 2015

Quantum compute this -- WSU mathematicians build code to take on toughest of cyber attacks: Revamped knapsack code offers online security for the future March 26th, 2015

Thousands of atoms entangled with a single photon: Result could make atomic clocks more accurate March 26th, 2015

Square ice filling for a graphene sandwich March 26th, 2015

Patents/IP/Tech Transfer/Licensing

New processing technology converts packing peanuts to battery components March 22nd, 2015

Silicon Impulse, New Leti IC Design Platform, Offers One-Stop-Shop For Ultra-low-power Technologies: End-to-end Design Accelerator Platform Targets Energy-efficient Internet of Things Applications and New Devices Using FD-SOI Technology, while Expanding Ecosystem March 10th, 2015

Patent for the Novel Cancer Therapies – Ceramide Nanoliposomes March 4th, 2015

onic Present breakthrough in CMOS-based Transceivers for mm-Wave Radar Systems March 1st, 2015

Acquisitions/Mergers/Splits

Keysight Technologies Begins Trading as Independent Company November 3rd, 2014

PEN Inc. Chairman, Scott Rickert, Will Webcast a Live Company Update September 25, 1 PM EDT September 17th, 2014

State University of New York Trustees Unanimously Approve SUNY Polytechnic Institute (SUNY Poly) as New Name for Merged SUNY CNSE / SUNYIT September 9th, 2014

PEN Inc. Announces New Trading Symbol: PENC: Stock Continues Trading on the OTCQB September 3rd, 2014

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE