Security Devices International Inc begins trading on Canadian Securities Exchange
Security Devices International (CSE:SDZ) (OTCQB:SDEV) has begun trading on Wednesday as it became a new listing on the Canadian Securities Exchange.
The company expects to delist from the TSX Venture Exchange this week, it said in a statement.
Trading in Canada was flat at C$0.19 near midday. In New York, the company’s stock was also flat on the OTC markets at US$0.14.
READ: Security Devices International taps new CEO and unveils another hand-held personal security device
The Wakefield, Massachusetts-based company specializes in the development, manufacture and sale of 40mm less-lethal ammunition. It offers a blunt impact for its 40mm line of products that use pain compliance to control a target; and a line of 12-gauge, less-lethal projectiles and irritants.
The company’s clients include the military, correctional services and police agencies. Military organizations around the world have begun using less-lethal weapons for domestic crowd control, as well as in the assistance and support of developing nation states.
Less-lethal weapons minimize the risk of the loss of life and serious injury.
Reporting by Rene Pastor, contactable on [email protected]
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/207305/security-devices-international-inc-begins-trading-on-canadian-securities-exchange-207305.html
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