Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

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

News and information

Iran to Hold 3rd Int'l Engineering Materials, Metallurgy Conference October 25th, 2014

Haydale Secures Exclusive Development and Supply Agreement with Tantec A/S: New reactors to be built and commissioned by Tantec A/S represent another step forward towards the commercialisation of graphene October 24th, 2014

QuantumWise guides the semiconductor industry towards the atomic scale October 24th, 2014

SUNY Polytechnic Institute Invites the Public to Attend its Popular Statewide 'NANOvember' Series of Outreach and Educational Events October 23rd, 2014

Strengthening thin-film bonds with ultrafast data collection October 23rd, 2014

Imaging

National Synchrotron Light Source II Achieves 'First Light' October 23rd, 2014

NIST offers electronics industry 2 ways to snoop on self-organizing molecules October 22nd, 2014

Law enforcement/Anti-Counterfeiting/Security/Loss prevention

Superconducting circuits, simplified: New circuit design could unlock the power of experimental superconducting computer chips October 18th, 2014

IRLYNX and CEA-Leti to Streamline New CMOS-based Infrared Sensing Modules Dedicated to Human-activities Characterization October 15th, 2014

Nanoparticles give up forensic secrets October 2nd, 2014

Light detector to revolutionise night vision technology September 8th, 2014

Announcements

Iran to Hold 3rd Int'l Engineering Materials, Metallurgy Conference October 25th, 2014

Haydale Secures Exclusive Development and Supply Agreement with Tantec A/S: New reactors to be built and commissioned by Tantec A/S represent another step forward towards the commercialisation of graphene October 24th, 2014

QuantumWise guides the semiconductor industry towards the atomic scale October 24th, 2014

Strengthening thin-film bonds with ultrafast data collection October 23rd, 2014

Patents/IP/Tech Transfer/Licensing

Researchers patent a nanofluid that improves heat conductivity October 22nd, 2014

Nanodevices for clinical diagnostic with potential for the international market: The development is based on optical principles and provides precision and allows saving vital time for the patient October 15th, 2014

Aculon Receives Patent for Application of Enhanced Bonding Layers on Titanium October 9th, 2014

harmaEngine will join Nanobiotix’ pivotal trial for NBTXR3 in Soft Tissue Sarcoma to accelerate its development in Asia-Pacific: PharmaEngine to make milestone payment to Nanobiotix in October 2014 to recognize the value created October 8th, 2014

Acquisitions/Mergers/Splits

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

Applied Nanotech Holdings, Inc. and NanoHoldings Inc. Complete Combination to Create PEN Inc.: New Company to Focus on Commercialization of Advanced Nanotechnology-Enabled Products; Scott Rickert Is Chairman and CEO September 2nd, 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 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE