ALEXIUM COMPLETES FORMAL AUD$8MILLION FACILITY AGREEMENT WITH CENTURION PRIVATE EQUITY LLC
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ALEXIUM COMPLETES FORMAL AUD$8MILLION FACILITY AGREEMENT WITH CENTURION PRIVATE EQUITY LLC
Perth, Western Australia, Greer, South Carolina, ("Alexium") (ASX:AJX) is pleased to announce the formal completion of the AUD$ 8 million, 3 year equity facility agreement with Centurion Private Equity, LLC (“Centurion”) of Alpharetta, Georgia, USA. The facility was arranged by Roswell Capital Partners, LLC (“Roswell”).
The completion of the facility agreement, and satisfaction of the conditions to the facility agreement announced on the 24 March this year, follows on from yesterday’s announcement of a AUD$ 1,350,000 placement to US and German institutional investors.
Alexium has a strong balance sheet to support its US Department of Defense (DoD) and commercial sector product developments, which include the USD$129 million DoD tender for the Uniform Protective Integrated Ensemble (UIPE) for the light weight PANTHER protective garment against chemical and biological warfare agents, for which Alexium is working with Stedfast Inc of Canada and Tennier Industries Inc of Tennessee, USA.
For more information visit: www.alexiuminternational.com
Contacts
United States United Kingdom
Stefan Susta John Almond
Executive Director Manager Europe
T: +1 864-908-6946T:44 7815 100 859
ssusta(at)alexiuminternational.comjalmond(at)alexiuminternational.com
Australia
Gavin RezosNicholas Clark
Chairman CFO & Company Secretary
grezos(at)alexiuminternational.com.au nclark(at)alexiuminternational.com.au
T. +61 86467 0101T. +618 6316 6300/ M.+61412898235M. +61432412663
About Alexium
Alexium International Group Limited (ASX:AJX, AX:AJX) holds proprietary patent applications for a process developed initially by the US Department of Defence , which allows for the surface modification and attachment of nano particles or multiple chemical functional groups to surfaces or substrates to provide functions such as water proofing, oil proofing, anti-microbial, non-stick and UV protection. Applications under development include but are not limited to textiles, paints, packaging, glass and building materials.
Leseranfragen:
Alexium International Group
Level 28, AMP Tower, 140 St. Georges Terrace, Perth, Western Australia 6000
Tel.: +61(08) 9486
Fax: +61(08) 9486
info(at)alexiuminternational.com
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Datum: 24.06.2011 - 07:44 Uhr
Sprache: Deutsch
News-ID 30720
Anzahl Zeichen: 0
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Town:
Wien
Kategorie:
Business News
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