API Nanotronics Sub, Inc. Confirms Redemption of Exchangeable Shares

TORONTO, ONTARIO — (Marketwired) — 06/16/16 — API Nanotronics Sub, Inc. (the "Company"), a subsidiary of API Technologies Corp. ("API"), announces that effective April 18, 2016, that its outstanding exchangeable shares ("Exchangeable Shares") were redeemed following API–s exercise of its call right to purchase the outstanding Exchangeable Shares in the capital of the Company (the "Redemption Call Right"), pursuant to Article 7 of the articles of inco