Metamaterial Technologies Inc. of Dartmouth has received conditional approval for its public listing from the Canadian Securities Exchange, and expects to bring in as much as $30 million in capital in the coming months.
Founder and CEO George Palikaras said in an interview that the company, known as MTI, received approval from the Toronto-based stock exchange just before the holidays, and expects the shares to start trading by the end of March.
MTI, which makes synthetic materials that can alter the properties of light, plans to use some of the proceeds from the new capital to further