{"id":3798,"date":"2012-01-18T08:04:31","date_gmt":"2012-01-18T08:04:31","guid":{"rendered":"http:\/\/www.oilgae.com\/blog\/?p=3798"},"modified":"2014-03-14T07:19:18","modified_gmt":"2014-03-14T07:19:18","slug":"algae-tec-announces-5m-capital-raising-with-patersons-securities","status":"publish","type":"post","link":"http:\/\/www.oilgae.com\/blog\/2012\/01\/algae-tec-announces-5m-capital-raising-with-patersons-securities.html","title":{"rendered":"Algae.Tec Announces $5M Capital-raising with Patersons Securities"},"content":{"rendered":"<p>Algae.Tec has announced in a Press Release, that\u00a0it has mandated Patersons Securities Limited (\u2018Patersons\u2019) to raise A$5,000,000 via the issue of 12.5 million shares (\u2018Placement Shares\u2019) at an Issue Price of $0.40 per Placement Share to sophisticated and professional investors.<\/p>\n<p>This capital raising of A$5,000,000 via a Placement will marginally increase the Company\u2019s shareholder base by 4.7% and will be utilised to fund the fast tracking of the commercial projects recently announced.<\/p>\n<p><a href=\"http:\/\/algaetec.com.au\/2012\/01\/algae-tec-announces-5m-capital-raising-with-patersons-securities\/\" target=\"_blank\">Read the Press Release<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Algae.Tec has announced in a Press Release, that\u00a0it has mandated Patersons Securities Limited (\u2018Patersons\u2019) to raise A$5,000,000 via the issue of 12.5 million shares (\u2018Placement Shares\u2019) at an Issue Price of $0.40 per Placement Share to sophisticated and professional investors. This capital raising of A$5,000,000 via a Placement will marginally increase the Company\u2019s shareholder base [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81,5,616],"tags":[444,124,443],"class_list":["post-3798","post","type-post","status-publish","format-standard","hentry","category-algae","category-algae-energy-companies","category-corporates","tag-5million","tag-algae-tec","tag-shares"],"_links":{"self":[{"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/posts\/3798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/comments?post=3798"}],"version-history":[{"count":1,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/posts\/3798\/revisions"}],"predecessor-version":[{"id":3799,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/posts\/3798\/revisions\/3799"}],"wp:attachment":[{"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/media?parent=3798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/categories?post=3798"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.oilgae.com\/blog\/wp-json\/wp\/v2\/tags?post=3798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}