By Devika Patel
Knoxville, Tenn., Jan. 23 - AnaeCo Ltd. said it took in A$1.79 million via a private placement of shares.
The company sold 17.94 million shares at $0.10 apiece.
Proceeds will be used as working capital.
AnaeCo is a Bentley, Australia-based company that operates in the organic solid waste treatment industry.
| Issuer: | AnaeCo Ltd.
|
| Issue: | Shares
|
| Amount: | A$1,794,000
|
| Shares: | 17.94 million
|
| Price: | A$0.10
|
| Warrants: | No
|
| Settlement date: | Jan. 23
|
| Stock symbol: | Australia: ANQ
|
| Stock price: | A$0.13 at close Jan. 23
|
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