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Algae International Group secures $5,000,000 from AGS Capital Group

July 29th, 2013 | No Comments | Posted in Algae-Energy-Companies, Algae-Energy-Investments, Algae-Methane

Algae International Group, Inc., a development stage renewable energy company in US, announced that it has signed a $5,000,000 reserve equity financing facility with AGS Capital Group, LLC, a US based specialist investor group, in order to enable growth with financing for its algae cultivation and development project in the State of California. The company is seeking to develop biofuel from algae utilizing a process that combines methane, CO2, fuel cells, nitrates, phosphates, sunlight and a specialized press to remove biomass and create HRD and HRJ fuel.

More: http://www.prweb.com/releases/2013/7/prweb10947146.htm

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