By Devika Patel
Knoxville, Tenn., Dec. 22 - Antaria Ltd. said it plans a A$1.1 million private placement of shares.
The company will sell its shares at A$0.04 apiece.
Proceeds will be used to support the growth of Antaria's business.
Based in Bentley, Australia, Antaria develops, manufactures and sells a range of advanced metal oxide powders and dispersions worldwide.
| Issuer: | Antaria Ltd.
|
| Issue: | Shares
|
| Amount: | A$1.1 million
|
| Price: | A$0.04
|
| Warrants: | No
|
| Pricing date: | Dec. 22
|
| Stock symbol: | Australia: ANO
|
| Stock price: | A$0.035 at close Dec. 22
|
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