Cleansing Notice Under Section 708A(5)(e) of the Corporations Act
Perth, Australia, and Greer, South Carolina- 14 August 2019– Alexium International Group Limited (“Alexium,” “the Company,” ASX: AJX) advises that it has issued 2,042,065 ordinary shares as per the attached Appendix 3B. To read the entire document online, please click here.
The Company advises that the Corporations Act 2001 (Cth) (Corporations Act) restricts the on-sale of securities issued without disclosure unless the sale is exempt under section 708 or section 708A.
This notice is given by the Company under section 708A(5)(e) of the Corporations Act in relation to an issue of shares by the Company without disclosure to investors under Part 6D.2 of the Corporations Act.
As at the date of this notice, the Company has complied with:
(a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
(b) section 674 of the Corporations Act.
The Company confirms that, as at the date of this notice, there is no information that:
(a) has been excluded from a continuous disclosure notice given to the ASX in accordance with the ASX Listing Rules; and
(b) investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:
(i) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or
(ii) the rights and liabilities attaching to fully paid ordinary shares.
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®.
Vice President, Investor Relations