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SureNano Science (CSE:SURE) signs a licensing agreement with 1150641 BC Ltd.

Technology
CSE:SURE
27 June 2022 09:15 (EDT)

Source: SureNano Science.

SureNano Science (SURE) has signed a licensing agreement with 1150641 to distribute products developed by 1150641 in Oklahoma.

SureNano Science will pay 1150641 BC. Ltd. $10,000 and a quarterly royalty of 20 per cent on all net sales.

The initial agreement includes a 10-year renewal option.

SureNano plans to find a licensed producer in Oklahoma to become a bulk supplier of nanoemulsions and further showcase the benefits of SureNano surfactant.

SureNano Science Ltd. is engaged in selling and distributing the SureNano surfactant, a ready-to-mix food grade compound that provides the base for high-performance nano-emulsions to create incredibly homogeneous and stable products while maximizing bioavailability, clarity, and taste.

The company has an exclusive license to distribute the SureNano surfactant within Canada; Oklahoma, USA; and Colorado, USA.

SureNano Science Ltd. opened the day’s trading at $0.14.

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