- Equipment fully sourced and ready to order, subject to available financing.
- Production facility in Mississauga, Ontario fully built-out and clean room ready for delivery of production scale cultivation vessels.
- Trading symbol obtained stock listed on OTCmarkets.com as an OTC Pink stock trading under the ticker symbol "ADYNF".
- Full-service eligibility with both DTC (Depository Trust Company) in the United States and CDS (Canadian Depository for Stocks).
- And, as previously announced the Company has entered into a $750,000 Equity Purchase Agreement with RY Capital Group, LLC pursuant to which, subject to the terms and conditions thereof, the Company can put shares to RY to fund future development and general working capital requirements.
Paul Ramsay, Chairman and President of the Company said, "We are pleased to provide this timely update on our business. As we continue to work with scientists at the University of Waterloo, including Dr. Kirsten Muller, one of the world's leading phycologists, we now have the essential elements in place with which to execute our business plan. We expect developments to escalate quite rapidly."
http://finance.yahoo.com/news/algae-dynamics-corp-provides-corporate-142900068.html
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