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Leaf Resources Ltd (LER.AX)

LER.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Leaf Resources signs deal with Claeris for a JV
Tuesday, 19 Jul 2016 06:59pm EDT 

Leaf Resources Ltd : Joint venture to develop five projects . Leaf Resources Ltd enters into binding agreements with Claeris, Llc of Dallas . Claeris will invest USD$500,000 in Leaf Resources . Jv for purpose of developing up to five renewable chemical projects that utilise Leaf resources' proprietary glycelltm process .  Full Article

Leaf Resources announces capital raising
Monday, 16 Nov 2015 09:36pm EST 

Leaf Resources:Spp and placement announcement.Leaf raises $1.2 mln from spp, second tranche of placement settled.  Full Article

Leaf Resources says placement raises $1 million
Thursday, 22 Oct 2015 08:20pm EDT 

Leaf Resources:Received commitments from sophisticated investors for a placement of shares through Lodge Partners.Says placement, which will be conducted in two tranches, is for approximately 7.7 million shares at $0.13 raising approximately $1,000,000 before costs.Says the first tranche will settle on the 28th October and the second tranche will settle on the 11th November 2015.Says the placement delivered the targeted amount.Says placement price of $0.13 represents a 13.33 % discount to the closing price on Tuesday 20th October 2015, when the shares were suspended and a 15% discount to the 30 day VWAP to that same date.Leaf Resources will now offer eligible shareholders an opportunity to subscribe for up to $15,000 in Leaf Resources shares through a Share Purchase Plan (SPP) at the same issue price as the placement $0.13.If valid applications are received by Leaf Resources for an amount exceeding $1.0 million Leaf Resources intends to scale back applications to that amount.Says funds raised from the Placement and SPP will be primarily used to continue the commercialisation of Leaf Resource’s GlycellTM process in Australasia, the USA and Europ.  Full Article

Leaf Resources enters research agreement to use agricultural waste for bio products
Tuesday, 28 Jul 2015 07:57pm EDT 

Leaf Resources:Says Leaf Resources enters research agreement to use agricultural waste for bio products.A major agricultural group and Leaf Resources have signed a research agreement to create valuable bio-products from agricultural waste.The identity of the other party has not been disclosed.  Full Article

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BRIEF-Leaf Resources updates on trading halt

* Trading halt is requested pending respect to proposed placements of shares Source text for Eikon: Further company coverage: