Brief: Altech Chemicals Says Received Applications From Shareholders For A$2.2 Mln Of New Shares

Altech Batteries

20/12/2021 10:24

Dec 20 (Reuters) - Altech Chemicals Ltd  ATC.AX :
    * RECEIVED APPLICATIONS FROM EXISTING SHAREHOLDERS FOR A$2.2
MILLION OF NEW SHARES, AT OFFER PRICE OF A$0.107
    * FUNDS RAISED FROM PLACEMENT WILL BE USED FOR CONSTRUCTION
OF A
BATTERY MATERIALS COATING PLANT IN GERMANY, AMONG OTHERS
    * APPLICATIONS WERE RECEIVED UNDER ITS SHARE PURCHASE PLAN
WHICH
CLOSED ON 17 DEC

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 (Reporting by Jaskiran Singh)
 ((Jaskiran.Singh@thomsonreuters.com;))