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Algae.Tec name changed to Affinity Energy & Health Ltd
http://otce.finra.org/DailyList
Pretty massive news. Anyone know anything about this one? Looks like this contract could bring it back to it's 52-week high. That contract alone is roughly 75% of its 2013 revenue...
$ALGXY - Vista Partners Updates Coverage on Algae.Tec; Target Price USD $10.80
http://www.vistapglobal.com/wp-content/uploads/2012/12/ALGXY_Update_121112.pdf
ALGAE.TEC ANNOUNCES COMMISSIONING OF ADVANCED ALGAE TO BIOFUELS FACILITY
http://campaign.r20.constantcontact.com/render?llr=kfwmbwcab&v=001UhnojcJllMo7dsaNUKXnJ3O5akMcaY9NpNCpIx5oyVlxHvTUJckLYzOSn5tonLZfYJ37jmPGpfnApERCByax53WJaSvwTDSaMt6inGmwb1NERwgvWbVT7w%3D%3D
NSW MINISTER FOR RESOURCES AND ENERGY TO OPEN ALGAE.TEC ALGAE TO BIOFUELS GLOBAL SHOWCASE FACILITY IN AUSTRALIA
http://campaign.r20.constantcontact.com/render?llr=kfwmbwcab&v=001cijNGvIyoo6by9-wrtuISgPdwvUX_6MJfrzz39jRynY7D6UBf164y5eNgFpAjG0URTeJNGuVTwWmz2M_pUw-Rq3AxRUGqhUp0JKkVVNsMHs5o5z-oQJ9JA%3D%3D
Market Watch: Veteran Aviation Engineer Appointed
http://algaetec.com.au/2012/06/market-watch-veteran-aviation-engineer-appointed/
Venture Beat: $144m new investment in algae: Sapphire, Algae.Tec and Solazyme dominate the global algae to biofuels space
April 3, 2012 By Editor
Venture Beat reports that:
“Sapphire Energy, a company that creates algae-based fuel, just announced a whopping $144 million in funding.
In recent years several startups have emerged to create fuel out of plant material, all hoping to lure people away from gasoline made from crude oil. Solazyme, Algae.tec, and Sapphire Energy all dominate the space, trying to edge out not only each other but oil companies as well.”
http://venturebeat.com/2012/04/02/sapphire-energy-gets-144m-in-its-fuel-tank-to-turn-algae-into-gasoline/
ALGXY - website
http://algaetec.com.au/
Algae.Tec Investor Update
http://campaign.r20.constantcontact.com/render?llr=kfwmbwcab&v=0015_lm2NH4ZFKdX8P-0um9vcwmG1OhV9JeywjGeUkpJ-sdZcFiROgbjYVlw3kpgs6k0eTmXmjEBLW-pEWdprXs0AWbnQS83TfYfWqDw3OC2JAur8ZTmvud3g%3D%3D
Peter Hatfull Managing Director
This e-correspondence will keep you up to date with investment news, deal-flow and media reports about Algae.Tec.
Algae.Tec is now listed on the ASX, Frankfurt Stock Exchange and has an ADR program in the USA which has just been upgraded to the OTC-QX.
2012 is the year for algae to biofuels as the focus shifts firmly to energy security and locally produced transport fuels, as well as environmental issues such as carbon capture.
Roger Stroud Executive Chairman
As President Obama has just announced: "We could replace up to 17 percent of the oil we import for transportation with this fuel that we can grow right here in the United States. And that means greater energy security. That means lower costs. It means more jobs.
It means a stronger economy."
Algae.Tec is well positioned to meet this demand with its
enclosed,high-yield and scalable algae growth and harvesting technology. In addition, the Algae.Tec technology is a on-human crop solution making it ethically attractive, and highly cost-competitive.
Earl McConchie Executive Director
Our Australian showcase facility is now under construction in Nowra and we look forward to keeping you informed about this project, as well as our capital raising program, and our collaboration with Holcim, Lufthansa, and the Kerui Group.
If you would like to share this news with friends or colleagues who are interested in energy and transport fuels there is a Forward option at the bottom of this email.
The Algae.Tec Team
ALGXY News
NEW YORK, Feb. 22, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM.PK - News) the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, announced that Algae.Tec Limited (OTCQX: ALGXY; ASX: AEB), a renewable energy company, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Algae.Tec began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
"We are pleased to welcome Algae.Tec to OTCQX," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "The OTCQX platform offers investor-focused companies a winning combination of quality control, transparency, and broader visibility to U.S. investors."
INTL Trading, Inc. will serve as Algae.Tec's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Algae.Tec Limited
Algae.Tec Limited (OTCQX: ALGXY; ASX: AEB) trades in the United States on OTCQX under the symbol "ALGXY", where each ADR represents 10 ordinary shares. Algae.Tec is also trading on the ASX under the symbol "AEB". Algae.Tec Limited (ASX:AEB, FWB:GZA:GR) an advanced algae to biofuels company with a high-yield enclosed algae growth and harvesting system has biofuels agreements with global airline Lufthansa, the Sri Lanka arm of cement giant Holcim, the Kerui Group in China, and Manildra Group in Australia. Algae.Tec has just completed a AU$5m capital raising, and has quadrupled its Atlanta-based Algae Development and Manufacturing Centre. To read more, please visit: http://algaetec.com.au/news-room/images/.
ALGXY- Algae.Tec Limited
Suite 9 3 Centro Avenue
Subiaco
Perth, WA 6008
Australia - Map
Phone: 61 8 9380 6790
Website: http://www.algaetec.com.au
Business Summary
Algae.Tec Limited engages in the commercialization of the McConchie Stroud algae production system through the capture of solar energy and sequestration of carbon dioxide. Its products comprise algae oil, algae biodiesel and glycerine, renewable distillates (auto diesel and jet-a kerosene fuel), renewable alcohols (methanol and ethanol), biomass power generation feedstock, animal high protein feedstock, and specialty algae fatty acids and oils. The company was incorporated in 2007 and is based in Perth, Australia. Algae.Tec Limited is a subsidiary of Teco.Bio LLC.
ALGXY - Boomberg TV
Roger Stroud of AlgaeTec speaks to Bloomberg TV (international) "On the Move in Asia" program
ALGXY - News on First Production Facility
Perth, Western Australia/Atlanta, Georgia – 1 December, 2011 – Algae.Tec Limited (ASX:AEB, FWB:GZA:GR, ALGXY:US) an advanced algae to biofuels company with a high-yield enclosed algae growth and harvesting system announced today it had signed a collaboration contract to build its first algae biofuels production facility in Asia.
The facility will be built in Sri Lanka in conjunction with Holcim Lanka Ltd, a cement and building materials company.
Algae.Tec offers a compelling carbon capture solution for carbon emitting companies and industries seeking carbon dioxide reduction technologies.
Holcim Lanka was attracted to the Algae.Tec solution as a way of reducing its carbon footprint by channelling waste carbon dioxide into the algae growth system, and generating valuable biofuel at below market cost.
The biofuels production facility will initially comprise a production plant of five photo-bioreactor modules. This plant will allow Holcim to evaluate the benefits of capturing more of the waste carbon dioxide in a much larger facility. It is expected that the Algae.Tec technology could be rolled out at other sites.
Holcim Lanka CEO Mr Huber said: “The Algae.Tec facility is designed to reduce the cement manufacturing carbon dioxide emissions with an off-take into the algae growth system”.
“We look forward to working with Algae.Tec on this exciting development that is aligned with our focus on sustainability and a commitment to the environment,” Mr Huber said.
“Algae.Tec has a truly innovative technology backed by an expert international engineering team.”
Algae.Tec Executive Chairman Roger Stroud said Algae.Tec was very pleased to be involved with such a significant global company that clearly attaches great importance to sustainable development at an economic, ecological and social level.
The photo-bioreactor modules are assembled at the company’s USA facility, the Algae Development & Manufacturing Centre in Atlanta, Georgia.
“Algae.Tec is an advanced biofuels company with an enclosed modular engineered technology designed to grow algae on an industrial scale and produce biofuels that replace predominantly imported fossil fuels for transportation use,” said Stroud.
The Algae.Tec solution is less than one tenth the land footprint of pond growth options, while its enclosed module system is designed to produce algae biomass in virtually any environment on the planet.
The enclosed modular system is designed to deliver the highest yield of algae per hectare, and solves the problem of food-producing land being turned over for biofuel production.
About Algae.Tec www.algaetec.com.au
Algae.Tec, founded in 2008, is a publicly listed advanced renewable oil from algae company that has developed a high-yield enclosed algae growth and harvesting system, the McConchie-Stroud System. The company has offices in Atlanta, Georgia and Perth, Western Australia.
The Algae.Tec enclosed modular engineered technology is designed to grow algae on an industrial scale and produce biofuels that replace predominantly imported fossil fuels.
The technology has demonstrated exceptional performance in productivity, product yield, carbon dioxide sequestration, and production unit footprint requirements versus agricultural crops and other competitive algae processes in the industry.
About Holcim Lanka www.holcim.lk/en
Holcim Lanka is a part of the global Holcim group. Holcim Lanka’s core businesses includes the manufacture and distribution of cement, and the co-processing of waste.
The company also offers technical solutions to engineers and builders via it’s innovation & application center. The company has created the Geo Responsibility Award, to recognize exceptional efforts taken in environmental waste management by public and private institutions.
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