Alexium Announces Rights Issue

 

Perth (Australia), Greer (South Carolina, US) – 29 October 2019: Alexium International Group Limited (ASX: AJX) has announced its intent to undertake an equity raise to fully retire the current debt facility. To read or download the announcement, 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