Sona Nanotech Inc C.SONA

Alternate Symbol(s): SNANF

Technology Scientific & Technical Instruments

Sona Nanotech Inc. is a nanotechnology life sciences company, which is engaged in developing targeted hyperthermia therapy. The Company has developed multiple methods for the manufacturing of various types of gold nanoparticles (GNR). It is engaged in research and development of its technology for use in multiplex diagnostic testing platforms and advanced biomedical applications. Its gold nanotechnologies are adapted for use in applications, as a safe and delivery system for multiple medical treatments, for the approval of various regulatory boards, including Health Canada and the Food and Drug administration (FDA). Its gold nanorod particles are manufactured without the use of cetyltrimethylammonium bromide (CTAB), eliminating the toxicity risks associated with the use of other gold nanorod technologies in medical applications. The Company is focused on the development of a pre-clinical nanomedical therapy for the treatment of cancer using its biocompatible GNR.

CSE:SONA - Post by User

Sona Nanotech Inc

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Post by igold8on Jul 27, 2020 6:29pm

314 Views

Post# 31327358

TORR, SONA holder new all time high .98

I posted this on the other board, another new all time high today at .98, good luck! Looks like an absolute tremendous arbitrage opportunity

assuming all Q1 holdings are the same, calculate for yourself do your own DD

i just added up the Q1 publically traded holdings NAV found here https://torrentcapital.ca/wp-content/themes/stratusx-child/financial-statements/torrent_capital_financial_03312020.pdf

and took the other non public and gold simply at face value and no growth and SONA and the NAV I get is approx $1.39/share price today (SONA NAV is approx $0.85 by itself)! Vs close of $0.91 today, what?!

with the increase of the gold holdings this NAV should be even higher.

good luck, just crazy!

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