News and Announcements
Surf Lakes Raises over $6m; Starts Construction of Full-Scale Park; Signs on Occy and Barton Lynch
- Published January 10, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
Surf Lakes made tremendous progress in 2017 – highlights include:
- Secured 15ha site in QLD where the full-sized Surf Lake is under construction
- Former World Champs Mark Occhilupo and Barton Lynch joined as Ambassadors
- Share price up by over 50%
- Received over 60 licensee enquiries from 18 different countries, underpinning future revenue and demand for their product
- Surf industry entrepreneur Paul Munten joins Board of Directors
- Received global media coverage (see details)
To learn more about the company, please click here.
About Surf Lakes Holdings Ltd
QLD based Surf Lakes has invented a revolutionary, proprietary method of producing high-quality surfing waves in a controlled lake environment. The Surf Lakes™ technology will be capable of producing a variety of waves that closely mimic natural ocean waves. Furthermore, because of the way Surf Lakes works, not only will it have the lowest energy cost per wave compared to other technologies, but be capable of producing up to 2,400 surfable waves per hour.
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