date:Apr 23, 2012
ertain other non-core assets of Functional Technologies and/or its subsidiary, Phyterra Yeast.
According to Functional Technologies, this move will allow promising early stage applications to be further developed by other parties. It will also reduce the capital and resource burdens to Functional Technologies associated with these non-core obligations.
The transaction is subject to approval by certain government agencies and by the TSX Venture Exchange.
Functional Technologies' acting CEO Christ