- Corporate Governance
Algae Dynamics Announces Selling Securityholder Registration Statement Declared Effective by SEC
Mississauga, Ontario-November 25, 2014-Algae Dynamics Corp. (formerly known as Converted Carbon Technologies Corp.) today announced that the registration statement relating to the Company's common shares (the "Securities") was declared effective by the Securities and Exchange Commission on November 21, 2014.
Selling Securityholders included in the registration statement may obtain a copy of the prospectus relating to the Securities by contacting Ross Eastley via email at firstname.lastname@example.org or by phone at 416-219-3251.About Algae Dynamics
We are currently engaged in the commercialization of our proprietary BioSilo® algae cultivation system for the high volume, low cost production of pure contaminant-free algae biomass. This biomass is high in Omega-3s DHA/EPA, vitamins, minerals and antioxidants, all of which are in demand by the growing multibillion dollar food/beverage and health care sectors. Our integrated BioSilo® manufacturing system provides low cost algae biomass production with modest capital cost requirements compared to conventional approaches. Furthermore, our "controlled outcomes" technology provides ultra-high purity algae biomass, differentiating it from other producers in the market. Following completion of a commercial-scale demonstration facility we intend to produce algae biomass for sale into the functional additive beverage, food, healthcare, nutraceutical and supplements markets.