2018

29 10, 2018

ALGAE DYNAMICS CORP CLOSES SECOND TRANCHE OF CDN$947,000 UNIT OFFERING

2018-11-06T10:59:55+00:00October 29th, 2018|

TORONTO, October 19, 2018--ALGAE DYNAMICS CORP (OTC: “ADYNF”) (the "Company"), a company focused on the development of unique health products and nutraceuticals utilizing cannabis and botanical oil extracts, is pleased to announce that it has raised an additional CDN$527,000 pursuant to the closing of a second tranche of a private placement of units at a price of CDN$.40 per unit. This follows the company’s press release on August 3, 2018 when it announced funding of CDN$520,000 comprised of CDN$100,000 in convertible debentures and a further CDN$420,000 in units on the same terms, resulting in an aggregate of 2,367,792 units being issued and funding of approximately $1,047,000 in the aggregate. Each unit consists of one share [...]

3 08, 2018

ALGAE DYNAMICS CORP SECURES CDN$520,000 FUNDING FROM ACCREDITED INVESTORS

2018-10-16T23:19:27+00:00August 3rd, 2018|

TORONTO, Aug. 03, 2018 (GLOBE NEWSWIRE) -- ALGAE DYNAMICS CORP (OTC: “ADYNF”) (the "Company"), a company focused on the development of unique health products and nutraceuticals utilizing cannabis and botanical oil extracts, today announced it has received funding of CDN$520,000 through the sale of $100,000 Canadian 10% Convertible Debentures (convertible into 400,000 shares of common stock at $0.25 CAN) and $420,000 CAN through the sale of 1,050,000 shares of restricted Common stock at $0.40 CAN and the issuance of 525,000 purchase warrants at $0.75 CAN via an Offering Memorandum from accredited investors. The Company intends to use the funds to further support Dr. Steven Laviolette and his team at Western University and Dr. Jonathan Blay [...]

2 08, 2018

ALGAE DYNAMICS CORP SECURES BULK CANNABIS SUPPLY AGREEMENT FOR COLLABORATION PARTNERS

2018-10-16T23:19:32+00:00August 2nd, 2018|

TORONTO, Aug. 02, 2018 (GLOBE NEWSWIRE) -- ALGAE DYNAMICS CORP (OTC: “ADYNF”) (the "Company"), a company focused on the development of unique health products and nutraceuticals utilizing cannabis and botanical oil extracts, has secured a supply agreement to enable Canadian Licensed Producers and International Licensed Importers access to bulk cannabis deliveries in anticipation of licensing agreements for our proprietary Cannabis formulated products. Recent Developments in our Collaboration with Western University The researchers at Western University, the Company’s scientific collaboration team, have developed a very unique formulation involving cannabis and other botanical extracts. Western University’s Dr. Laviolette said, “We are pleased to report significant progress on our ongoing projects with Algae Dynamics. We are continuing to [...]

6 03, 2018

ALGAE DYNAMICS CORP PROVIDES CORPORATE UPDATE

2018-10-16T23:19:39+00:00March 6th, 2018|

TORONTO, March 06, 2018 (GLOBE NEWSWIRE) -- ALGAE DYNAMICS CORP (OTC: “ADYNF”) (the "Company"), a company focused on the development of unique health products and nutraceuticals utilizing cannabis and algae oils, today provided a corporate update. The Company is focused on initiatives designed to build shareholder value. The key initiatives are as follows: Continued Research and Product Development into Nutraceutical Formulations utilizing cannabis and algae oils. Leveraging our previously announced C$400,000 research grant from MITACS, a not-for-profit, Canadian national research organization, Western University has made significant progress in its research into anxiety, depression, schizophrenia, and post-traumatic stress disorder, drawing on twelve years of cannabis compound research. Preparing Patent Filing. A key nutraceutical formulation for anxiety [...]