California Nanotechnologies Announces FY2025 Results
Record annual revenue of US$6,224K representing an 87% YOY increaseAdjusted EBITDA1 of US$2,559K and Cash Flow from Operations of US$2,917KExecuting strategy to increase repeatable and higher-scale revenues with commercial ordersLos Angeles, California--(Newsfile Corp. - June 26, 2025) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce revenues of US$6,224,738 for the fiscal year ending February 28, 2025. This represents an increase of 87% compared to the prior year. Adjusted EBITDA1 showed...
2025-06-26 7:00 AM EDT
California Nanotechnologies Advances Commercial Production with Two Purchase Orders and ISO 9001 Certification
Los Angeles, California--(Newsfile Corp. - April 21, 2025) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce it has received two purchase orders from Oerlikon Metco (US) Inc., a subsidiary of OC Oerlikon Corporation ("Oerlikon") (SWX: OERL), and AbTech Industries Inc. ("AbTech") to cryomill materials for commercial production. These orders reinforce the growing demand for Cal Nano's advanced materials manufacturing services.In addition, the Company has successfully completed its ISO 9001 Quality...
2025-04-21 7:00 AM EDT
California Nanotechnologies to Present at the Planet MicroCap Showcase: VEGAS in Partnership with MicroCapClub on Wednesday, April 23, 2025
Los Angeles, California--(Newsfile Corp. - April 7, 2025) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce that it will be presenting at the Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub on Wednesday, April 23, 2025, at 5:30 PM PT (8:30 PM ET). The CEO of Cal Nano, Mr. Eric Eyerman, will be hosting the presentation and answering questions at the conclusion.To access the live presentation, please use the following information:...
2025-04-07 7:00 AM EDT
California Nanotechnologies Announces Q3 2025 Results
Record quarterly revenue of US$1,806K, representing 56% YOY increaseStrong gross profit and Adjusted EBITDA1 despite higher costs for capacity expansionImproved balance sheet with Omni-Lite repayment to become debt-freeLos Angeles, California--(Newsfile Corp. - January 15, 2025) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce quarterly revenues of US$1,806,205 for the fiscal quarter ending November 30, 2024. This represents an increase of 56% compared to the same period last year.Adjusted EBITDA1 showed...
2025-01-15 7:00 AM EST
California Nanotechnologies 2024: A Year Marked by Significant Growth and Key Milestones
Los Angeles, California--(Newsfile Corp. - January 2, 2025) - Eric Eyerman, Chief Executive Officer and Director of California Nanotechnologies Corp. ("Cal Nano" or the "Company") is pleased to provide an overview of the Company's accomplishments over the past calendar year.A message from CEO and Director, Eric Eyerman:2024 marked a year of substantial growth and strategic expansion in our manufacturing presence and capabilities. This built on the momentum from a successful 2023, which concluded with our first fundraise in almost ten...
2025-01-02 7:00 AM EST
California Nanotechnologies Announces Final Debt Repayment to Omni-Lite Industries
Los Angeles, California--(Newsfile Corp. - November 18, 2024) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce its final debt repayment to Omni-Lite Industries Canada Inc. ("Omni-Lite") in the amount of approximately US$600,000.This marks the first time the Company has been debt free in approximately 15 years after receiving its first intercompany advance from Omni-Lite. The final repayment was made ahead of its scheduled maturity in May 2025, providing interest savings...
2024-11-18 7:00 AM EST
California Nanotechnologies Announces Q2 2025 Results
Quarterly revenue of US$1,522K representing 122% YOY increase and a record for manufacturingRecord quarterly gross profit and Adjusted EBITDA1 while executing growth investmentsNew facility to contribute in Q3/FY2025, debt reduction continuing, recent key sales hireLos Angeles, California--(Newsfile Corp. - October 16, 2024) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce quarterly revenues of US$1,522,185 for the fiscal quarter ending August 31, 2024. This represents an increase of 122% compared to...
2024-10-16 5:00 PM EDT
California Nanotechnologies Announces Commissioning of New Advanced Materials Processing Facility
Los Angeles, California--(Newsfile Corp. - September 16, 2024) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce the commissioning of its new manufacturing facility in Santa Ana, California. The 19,500-square-foot facility is operational with the large MSP-5 Spark Plasma Sintering (SPS) machine and cryomills now available for production for customers.This marks an important milestone in expanding the Company's manufacturing capabilities and footprint. This expansion provides the necessary infrastructure to operate its...
2024-09-16 5:00 PM EDT
California Nanotechnologies Announces Stock Options
Los Angeles, California--(Newsfile Corp. - July 26, 2024) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") has granted 1,300,000 incentive stock options to the employees, directors and officers of the Company. The options were granted pursuant to the Company's Stock Option Plan and received approval by Board of Directors Resolution on July 25, 2024. The options were granted at the exercise price of $0.83 CAD per share which was the most recent closing price....
2024-07-26 1:26 PM EDT
California Nanotechnologies Announces Q1 2025 Results
Record quarterly revenue of US$1,749K representing 243% YOY increaseStrong profitability with net income of US$696K and adjusted EBITDA1 of US$754KContinuing progress for new Santa Ana facility to increase manufacturing capacityLos Angeles, California--(Newsfile Corp. - July 9, 2024) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce record quarterly revenues of US$1,748,826 for the fiscal quarter ending May 31, 2024. This represents an increase of 243% compared to the same period last...
2024-07-09 5:00 PM EDT
California Nanotechnologies Announces FY2024 Results
Record annual revenue of US$3,337K representing 142% YOY increaseNew facility progressing well with equipment expected to be commissioned in August 2024Q1/FY2025 expected to build on momentum with record quarterly revenue and profitabilityLos Angeles, California--(Newsfile Corp. - June 27, 2024) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce record annual revenues of US$3,337,457 for the fiscal year ending February 29, 2024. This represents an increase of 142% compared to the same...
2024-06-27 7:00 PM EDT
California Nanotechnologies Announces SPS Equipment Purchase to Further Enhance Capabilities at New Facility
Cal Nano secures larger, cutting-edge SPS equipment with a $300,000 down paymentOpens up new customer opportunities with ability to process larger part sizes and higher volumesFollows recent key developments and investments to enhance manufacturing capabilitiesLos Angeles, California--(Newsfile Corp. - March 5, 2024) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce a US$300,000 down payment for a cutting-edge MSP-5 Spark Plasma Sintering (SPS) machine by Germany-based Dr. Fritsch. Cal Nano will...
2024-03-05 8:00 AM EST
California Nanotechnologies to Expand with New Lease for Advanced Materials Processing Facility
Significant milestone in Cal Nano's production capabilities and manufacturing capacityNew lease for 19,500 sq. ft. facility, an upgrade from current 3,500 sq. ft. facilityBoth facilities will be maintained in the near term to ensure operational continuityLos Angeles, California--(Newsfile Corp. - February 20, 2024) - California Nanotechnologies Corp. (TSX V: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce that it has signed a new lease agreement for an additional manufacturing facility in Santa Ana, California. This marks a significant...
2024-02-20 8:00 AM EST
California Nanotechnologies Announces Q3 2024 Results
Record quarterly revenue of US$1,159K representing 177% YOY increaseAll-time high quarterly profitability with net income of US$514K and adjusted EBITDA1 of US$427KStronger balance sheet with US$1,128K of cash on hand and positive working capital1Los Angeles, California--(Newsfile Corp. - January 16, 2024) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce record quarterly revenues of US$1,159,234 for the quarter ending November 30, 2023. This represents an increase of 177% compared to the same...
2024-01-16 8:00 AM EST
California Nanotechnologies Provides Year End Business and Operational Update
R&D programs remain robust and provide visibility for potential commercial contractsAcquiring a new SPS manufacturing system, expanding capacity along with other recent additionsExploring market expansion opportunities with European partnersLos Angeles, California--(Newsfile Corp. - December 4, 2023) - California Nanotechnologies Corp. (TSXV: CNO) (OTC PINK: CANOF) ("Cal Nano" or the "Company") is pleased to announce a series of corporate and operational updates that highlight the Company's growth strategy and manufacturing production expansion."This calendar year has been a transformational year for Cal Nano," stated...
2023-12-04 8:00 AM EST
California Nanotechnologies Announces Q2 2024 Results
Record quarterly revenue of US$686K representing 152% YOY increaseStrong profitability with net income of US$214K and EBITDA1 of US$279KMr. Chris Melnyk, a material science leader, joins Board of DirectorsLos Angeles, California--(Newsfile Corp. - October 30, 2023) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce record quarterly revenues of US$685,931 for the quarter ending August 31, 2023. This represents an increase of 152% compared to the same period last year. Net...
2023-10-30 6:30 PM EDT
California Nanotechnologies Announces Closing of Non-Brokered Private Placement and Shares for Debt Exchange
Los Angeles, California--(Newsfile Corp. - October 30, 2023) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to announce the closing of its previously-announced non-brokered private placement for aggregate gross proceeds of C$1,500,000.00 (the "Offering"). Under the Offering, the Company sold 10,000,000 Units of the Company (each, a "Unit"), which included full exercise of the over-allotment option, at a price of C$0.15 per Unit.Each Unit consists of one (1) common share in...
2023-10-30 5:00 PM EDT
California Nanotechnologies Announces Non-Brokered Private Placement and Shares for Debt Exchange
Los Angeles, California--(Newsfile Corp. - September 14, 2023) - California Nanotechnologies Corp. (TSXV: CNO) ("Cal Nano" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement of up to 8,333,333 units of the Company (the "Units") at a price of C$0.15 per Unit for total gross proceeds to the Company of up to C$1,250,000 (the "Offering"). The Offering is subject to an over-allotment option allowing the Company to increase the Units sold by...
2023-09-14 7:00 AM EDT
California Nanotechnologies Announces Preliminary Q2 2024 Results and Revised Omni-Lite Debt Agreement
Record preliminary quarterly revenue of US$675K representing 148% YOY growthPreliminary estimated strong EBITDA1 and net income of US$240K and US$175K respectivelyPartial Omni-Lite loan repayment and conversion of demand loan to fixed term loanLos Angeles, California--(Newsfile Corp. - September 12, 2023) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") is pleased to report that unaudited quarterly revenues of approximately US$675,000 are expected for the second quarter ended August 31, 2023. This is expected to represent...
2023-09-12 7:00 AM EDT
California Nanotechnologies Announces Stock Options
Los Angeles, California--(Newsfile Corp. - August 28, 2023) - California Nanotechnologies Corp. (TSXV: CNO) (OTC Pink: CANOF) ("Cal Nano" or the "Company") has granted 2,080,000 incentive stock options to the employees, directors and officers of the Company. The options were granted pursuant to the Company's Stock Option Plan and received approval by Board of Directors Resolution on August 28, 2023. The options were granted at the exercise price of $0.175 per share which was the most recent closing price. The...
2023-08-28 6:14 PM EDT