Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

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

A new product to help combat mouldy walls, thanks to technology developed at the ICN2 December 14th, 2017

Sandia researchers make solid ground toward better lithium-ion battery interfaces: Reducing the traffic jam in batteries December 13th, 2017

Perking up and crimping the 'bristles' of polyelectrolyte brushes December 13th, 2017

Columbia engineers create artificial graphene in a nanofabricated semiconductor structure: Researchers are the first to observe the electronic structure of graphene in an engineered semiconductor; finding could lead to progress in advanced optoelectronics and data processing December 13th, 2017

Leti to Demo Wristband with Embedded Sensors to Diagnose Sleep Apnea: APNEAband, Which Will Be Demonstrated at CES 2018, Also Monitors Mountain Sickness, Dehydration, Dialysis Treatment Response and Epileptic Seizures December 12th, 2017

Imaging

Perking up and crimping the 'bristles' of polyelectrolyte brushes December 13th, 2017

Law enforcement/Anti-Counterfeiting/Security/Loss prevention

Counterfeits and product piracy can be prevented by security features, such as printed 3-D microstructures: Forgeries and product piracy are detrimental to society and industry -- 3-D microstructures can increase security -- KIT researchers develop innovative fluorescent 3-D stru November 15th, 2017

A dash of gold improves microlasers: The precious metal provides a 'nano' solution for improving disease detection, defense and cybersecurity applications October 9th, 2017

Graphene based terahertz absorbers: Printable graphene inks enable ultrafast lasers in the terahertz range September 13th, 2017

Leti and Partners in PiezoMAT Project Develop New Fingerprint Technology for Highly Reliable Security and ID Applications: Ultra-high Resolution Pressure Sensing Uses Matrices of Vertical Piezoelectric Nanowire To Reconstruct the Smallest Features of Human Fingerprints September 5th, 2017

Announcements

A new product to help combat mouldy walls, thanks to technology developed at the ICN2 December 14th, 2017

Sandia researchers make solid ground toward better lithium-ion battery interfaces: Reducing the traffic jam in batteries December 13th, 2017

Perking up and crimping the 'bristles' of polyelectrolyte brushes December 13th, 2017

Columbia engineers create artificial graphene in a nanofabricated semiconductor structure: Researchers are the first to observe the electronic structure of graphene in an engineered semiconductor; finding could lead to progress in advanced optoelectronics and data processing December 13th, 2017

Patents/IP/Tech Transfer/Licensing

A new product to help combat mouldy walls, thanks to technology developed at the ICN2 December 14th, 2017

Chinese market opens up for Carbodeon nanodiamonds: Carbodeon granted Chinese Patent for Nanodiamond-containing Thermoplastic Thermal Compounds December 4th, 2017

Picosun’s ALD nanolaminates improve lifetime and reliability of electronic circuit boards October 24th, 2017

Novel 'converter' heralds breakthrough in ultra-fast data processing at nanoscale: Invention bagged four patents and could potentially make microprocessor chips work 1,000 times faster October 20th, 2017

Acquisitions/Mergers/Splits

Bruker Announces Acquisition of Nanoindenting Leader Hysitron: Acquisition strengthens Bruker’s leading position in nanoanalysis and nanomechanical materials characterization January 24th, 2017

GLOBALFOUNDRIES Completes Acquisition of IBM Microelectronics Business: Transaction adds differentiating technologies, world-class technologists, and intellectual property July 1st, 2015

Entest BioMedical, Inc. in Discussions to Acquire Nanotechnology Delivery System for Cancer Therapy June 3rd, 2015

Evident Thermoelectrics Acquires GMZ Energy: Investment Accelerates Launch Of Evident's Thermoelectric Modules For Waste Heat May 20th, 2015

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