California Nanotechnologies Cor (OTC:CANOF)

California Nanotechnologies Corp. (CNO.V) (CANOF) ($0.67; $28.7M market cap), announced it has made the final debt repayment to Omni-Lite Industries. 

“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 to the Company.

We are happy to report that Cal Nano is now debt-free after paying off all of the advances received from Omni-Lite," stated CEO Eric Eyerman. "This provides us with more flexibility on how to invest our operating cash flows as we continue scaling our manufacturing services. Given our long history of trying to grow our business while under a significant debt burden, this is a welcome change for us."

This comes on the heels of the company reporting very strong Q2 2025 results in mid-October. 

California Nanotechnologies Corp. engages in the research, development, and production of nanocrystalline materials through grain size reduction