DGAP-News: Scutum Capital AG: Successful Capital Increase
(firmenpresse) - DGAP-News: Scutum Capital AG / Key word(s): Corporate Action
Scutum Capital AG: Successful Capital Increase
07.07.2011 / 09:14
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Scutum Capital AG: Successful Capital Increase
Scutum Capital AG, Munich: Investors have subscribed to 15,000 shares at a
price of 33.00 EUR each during the ongoing capital increase. The capital
increase was registered with the Court of Munich (Amtsgericht München). The
subscribed capital of the company is now 270,000 EUR.
The proceeds out of this capital increase are 495,000 EUR - before costs -
and will be used toward the construction of the first large scale
industrial reactor. The company expects the reactor to be completed within
the next few weeks.
Scutum Capital AG owns all intellectual property related to the Pyrolyx
environmental technology, especially one patent application and specific
process know-how.
This unique, innovative process in the field of environmental technology is
aimed at commercially recycling valuable raw materials such as Carbon
Black, oil and gas from common rubber resins that are produced from old car
tires or other rubber based waste.
Munich, 07 July 2011
Niels Raeder&Fikret Dülger
Board members Scutum Capital AG
End of Corporate News
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07.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Scutum Capital AG
Nymphenburger Str. 70
80335 München
Deutschland
Phone: +49 (0)89 856 335 58
Fax: +49 (0)89 856 335 55
E-mail: info(at)scutum-capital.de
Internet: www.scutum-capital.de
ISIN: DE000A0MFXR8
WKN: A0MFXR
Listed: Open Market in Frankfurt
End of News DGAP News-Service
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131186 07.07.2011
Datum: 07.07.2011 - 09:14 Uhr
Sprache: Deutsch
News-ID 34558
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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