Nanotech Sciences Corp. Announces Closing of its Qualifying Transaction
TORONTO, ONTARIO–(Marketwire – Dec. 11, 2009) – Nanotech Sciences Corp. (the “Company“) (TSX VENTURE:NAN.P) is pleased to announce the closing of its “qualifying transaction” for purposes of the policies of the TSX Venture Exchange (the “Exchange“). Under the qualifying transaction, the Company subscribed for 2,716,875 units (the “Units“) of Courtland Capital Corp. (“Courtland“) at a price of $0.10 per Unit or $271,687.50 in the aggregate (the “Transaction“). Each Unit consists of one common share in the capital of Courtland (a “Common Share“) and three quarters (3/4) of one common share purchase warrant (a “Warrant“) of Courtland. Each whole Warrant entitles the holder to acquire one additional Common Share at an exercise price of $0.20 per Common Share, at any time
