10:17 AM EST - Functional Technologies Corp. : said it has received a grant from PEI Business Development Inc. towards the company's ongoing development and commercialization of its proprietary Phyterra Yeast products. As per terms of the definitive agreement, Functional Technologies acquired 100% of the outstanding common shares of MPD in consideration for US$10,000 cash and 143,000 common shares of the company which are subject to a four month hold period. Functional Technologies Corp.
shares V.FEB are trading unchanged at $0.50.
