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Algae.Tec Ltd (AEB.AX)

AEB.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Algae.Tec signs nutraceutical supply agreement with GEncor
Wednesday, 25 May 2016 08:04pm EDT 

Algae.Tec Ltd : Algae. tec signs nutraceutical supply agreement . Announce the signing of an exclusive supply agreement with Gencor . Supply agreement gives Gencor the exclusive rights to buy all of the algae oil and powders produced by the Algae.Tec plant in Cummings .  Full Article

Algae.Tec Ltd receives works orders from Reliance Group
Thursday, 31 Mar 2016 09:02pm EDT 

Algae.Tec Ltd:Has received increased works orders from its major client, reliance group, for the amount of US$1.138 million.Orders are for detailed engineering services and the supply of equipment for the latest innovations in algae.  Full Article

Algae.Tec Ltd announces exercise of options by Reliance Industrial Investments and Holdings Ltd
Sunday, 24 May 2015 07:09pm EDT 

Algae.Tec Ltd:Says exercise of $500,000 of options by Reliance Industrial Investments and Holdings Ltd at exercise price of $0.07 cents.Says these options were issued under a second subscription agreement dated Dec. 18 2014, which provided for an additional investment of $2.4 million in Algae.Tec Ltd.Says that of this amount $1.9 million has now been received with the balance of $500,000 to be received in Oct. 2015.  Full Article

Algae.Tec Ltd signs collaboration agreement with Larimar Energy SRL
Monday, 20 Apr 2015 09:32pm EDT 

Algae.Tec Ltd:Announces the execution of a collaboration agreement for the commercialisation of its algae production technology with Larimar Energy SRL of the Dominican Republic.Says thisagreement initiates the first Phase of the collaboration program, which includes conducting engineering assessment , plant evaluations, product and project development work.Says Algae.Tec and Larimar are targeting the implementation of a multi-module algae production plant in the Dominican Republic in 2016 and have plans for the installation of commercial algae production facility.  Full Article

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