Key Developments: Cardia Bioplastics Ltd (CDRBY.PK)
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5 Apr 2012
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Latest Key Developments (Source: Significant Developments)
Cardia Bioplastics Ltd Announces Share Placement
Cardia Bioplastics Ltd announced that further to the announcement made on May 21, 2013, by it regarding a placement to raise $500,000, the settlement of the Placement has occurred. Terms of the Placement were: Issue of 200 Million fully paid ordinary shares at an issue price of $0.0025 per share with one free new option for every two new shares subscribed; New Options will have an exercise price of $0.0035 and an expiry date of 12 months from the date of issue; and New Options, once issued will be unlisted securities. Funds raised will be used for general working capital requirements of the Company. Full Article
Cardia Bioplastics Ltd To market new Bio-buddy Dog Waste Bag
Cardia Bioplastics Ltd announced that the Company and the United States-based Custom Bioplastics LLC have launch by Custom Bioplastics of the new "Bio-buddy dog waste bag" developed using the Company's Biohybrid technology. The new "Bio-buddy dog waste bag" is now being manufactured and marketed into the United States and online by Custom Bioplastics. The Bio-buddy dog waste bag is offered as a new lower carbon footprint alternative to conventional oil-based dog waste bags. Full Article
Cardia Bioplastics Ltd Announces No Dividend For H1 2013
Cardia Bioplastics Ltd announced that no dividend has been proposed for the first half of 2013 (half year ended December 31, 2012). Full Article
Cardia Bioplastics Ltd Announces Issuance Of New Shares
Cardia Bioplastics Ltd announced that it has issued 199,500,000 Fully paid ordinary shares at an issue price of AUD 0.002 per share. The shares were issued pursuant to the Company's Sales Purchase Plan (SPP) which closed on December 20, 2012. Funds will be applied for general working capital purposes. Full Article
Cardia Bioplastics Ltd Secures Annual Supply Contract Into Shanghai, China
Cardia Bioplastics Ltd announced that an exclusive annual supply contract with the Shanghai Pudong City District in China. The Agreement is to supply an estimated AUD 1.2 million per annum of Cardia's Biohybrid renewable kitchen waste bags to approximately 20% of householders in the region. This contract win follows the successful six-month trial of Cardia's products in this region earlier this year. The contract follows the recent announcements of AUD 500,000 per annum sales contracts to both American hygiene products company and global consumer products company. Full Article
Cardia Bioplastics Ltd Announces Share Purchase Plan
Cardia Bioplastics Ltd announced that it invites shareholders to participate in a share purchase plan (SPP) to purchase up to a maximum of AUD 15,000 worth of fully paid ordinary shares in the Company (Shares) at an issue price of AUD 0.002 per share. Proceeds raised through the SPP will be applied for general working capital purposes. Full Article
Cardia Bioplastics Ltd Announces No FY 2012 Final Dividend
Cardia Bioplasctics Ltd announced that it has not proposed to pay a final dividend for the financial year 2012. Full Article
Cardia Bioplastics Ltd Secures Supply Contract With Global Consumer Products Company
Cardia Bioplastics Ltd announced that it has secured a $500,000 per annum supply contract with a global consumer products company, to provide Cardia Compostable bag as part of its consumer product offering. The new consumer product is expected to go to market in November this year. Full Article
Cardia Bioplastics Limited Announces New Partnership With ECOCARE
Cardia Bioplastics Limited announced that it has partnered with ECOCARE to produce organic and biodegradable facial wipes enclosed within renewable content packaging. Under the arrangement, Cardia's renewable Biohybrid resins will form the basis of the ECOCARE facial wipes packaging. Full Article
Cardia Bioplastics Limited Exercises Options Into New Ordinary Shares
Cardia Bioplastics Limited announced the issuance of 72 fully paid ordinary shares at AUD 0.015 per share pursuant to the exercise of AUD 1.08 options. Full Article
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