News and Announcements
Successful Fund Raising for Clean Power Company, BioSyngas Pty Ltd.
- Published October 17, 2012 5:19PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Syngas Limited’s (Syngas) [ASX: SYS] Board of Directors is pleased to announce that $500,000 has been raised successfully for Syngas’ renewable/clean energy subsidiary company, BioSyngas Pty Ltd (BioSyngas).
Funds received secured a forty (40) percent stake in BioSyngas under the terms and conditions set out in the BioSyngas Information Memorandum released on 1st June 2012, pursuant to Section 708 (8) (c) of the Corporations Act 2001.
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