|
WASHINGTON, DISTRICT OF COLUMBIA--(Marketwire - Oct. 23, 2012) - Security Devices International Inc. ("SDI" or "The Company") (OTCBB:SDEV) is pleased to announce that it has entered into an Engagement Letter with Macquarie Private Wealth Inc. ("Macquarie"), pursuant to which Macquarie will act as agent on a commercially reasonable efforts basis for an offering of common shares of the Company for gross proceeds of $2,000,000 pursuant to a prospectus. The number of common shares and price will be determined upon filing of the prospectus. The prospectus will also serve as a listing application for the Company's shares to be listed on the TSX Venture Exchange and will be filed in Ontario, Alberta, and British Columbia. |
