Security Devices International (TSXV:SDZ) (OTCQX:SDEV) Lists on TSX Venture Exchange - Video News Alert on Investmentpitch.com
(Thomson Reuters ONE) -
Vancouver, British Columbia, September 11, 2013 - Security Devices International
(TSXV:SDZ) (OTCQX:SDEV) is the latest new listing on the TSX Venture Exchange.
A prospectus was filed in Canada, with Macquarie Private Wealth placing
9,984,950 shares at $0.40, raising the company $3.99 million in gross proceeds.
The prospectus is available for viewing on Sedar.com.
InvestmentPitch.com has produced a "video news alert" which provides a brief
overview of Security Devices. If this link is not enabled, please visit
www.InvestmentPitch.com and enter "Security Devices" in the search box.
The company, in existence since 2005, was formed to develop non-lethal solutions
to agencies seeking an alternative to existing less effective non-lethal
ammunitions on the market. It is in the market-entry phase of deploying their
family of innovative, next generation, non-lethal ammunition to global military,
law enforcement and correctional agencies.
The company's blunt impact projectile is designed to provide an alternative to
previous blunt impact solutions such as foam, sponge and rubber bullets. The
expansion of the head enables force to be applied to an increased body impact
area, covering a large surface area of nerve endings, creating increased pain,
while dispersing the inertia. The collapsible head can be filled with such
things as marking powder, semi-permanent marking liquid, and pepper spray.
The company's wireless electric projectile, which can cover distances up to 165
feet, was developed to answer the growing need for an effective, wireless,
extended range electrical incapacitation solution. When the projectile engages a
target, its multiple mini-harpoon mechanism is released, affixing to the
target's clothing or body, releasing a high voltage, low energy pulse which
imitates the electro-neural impulses used by the human body. This results in an
immediate harmless muscle spasm, causing the subject to comply with authorities.
There are 46.8 million shares outstanding, and given its current price of $0.40,
the company is capitalized at $18.7 million.
For more information on Security Devices, please visit their website at
www.securitydii.com or contact Dean Thrasher COO at 905-582-6402 or email
info(at)securitydii.com.
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Unternehmensinformation / Kurzprofil:
Datum: 11.09.2013 - 16:47 Uhr
Sprache: Deutsch
News-ID 295725
Anzahl Zeichen: 3525
contact information:
Kategorie:
Business News
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