Algae Dynamics Corp Files Registration Statement for Proposed Initial Public Offering

Mississauga, ON / ACCESSWIRE / October 30, 2014 / Algae Dynamics Corp., formerly known as Converted Carbon Technologies Inc. (Algae Dynamics), a company developing methods for the production of low-cost ultra-pure algae oil and biomass with high nutrient content for the functional food/beverage additive and health supplement industries, announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. All shares in the offering will be sold by the selling shareholders.

The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the offering can be obtained from Algae Dynamics, 4120 Ridgeway Drive. Unit 37, Mississauga, ON L5L 5S9 Canada.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

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