Alexium Announces Fully Committed $22.3m Raise

 

Perth (Australia), Greer (South Carolina, US) – 27 November 2019: Alexium International Group Limited (ASX: AJX) announced today that it has secured $22.3 million to fully retire the current debt and support the Company’s growth initiatives.

To read or download the Announcement, please click here

To read or download the Investor Presentation, please click here

To read or download the Prospectus, please click here

To read or download the Appendix 3B, please click here

To read or download the Letter to Optionholders, please click here

To read or download the Letter to Ineligible Shareholders, please click here

About Alexium International Group Limited

Alexium International Group Limited (ASX: AJX) holds proprietary patent applications for novel technologies developed to provide flame retardancy for a wide range of materials. These environmentally friendly flame retardants have applications for several industries and can be customized. Further, Alexium has developed products for a range of other applications including phase-change materials, water repellents, antimicrobials, and combinations thereof. Alexium also holds patents for a process developed initially by the U.S. Department of Defense, which allows for the surface modification and attachment of nanoparticles or multiple chemical functional groups to surfaces or substrates to provide functions such as fire retardancy, water proofing, oil proofing, and antimicrobial treatments. Applications under development include but are not limited to textiles, packaging, electronics, and building materials. Alexium’s chemical treatments are currently marketed as Alexicool® and Alexiflam®.

US Contact:

Mark Wise
Vice President, Investor Relations
mwise@alexiuminternational.com