|Archives| Charts| Companies/Links| Conferences| How A Fuel Cell Works | Patents|
| Types of Fuel Cells | The Basics | Fuel Cell News | Basics on Hydrogen | Search|
 
*Stay Updated every week With a Subscription To "Inside The Industry"As Well as a Weekly Updated Patents Page
 
 
Ceramic Fuel Cells Completes Issue of Shares and Compliance Notice
Publication Date:12-May-2008
07:30 AM US Eastern Timezone 
Source:CFCL
Ceramic Fuel Cells Limited (AIM / ASX: CFU)  is pleased to announce that it has completed the placing of new ordinary shares to institutional investors in the UK and Europe, announced on 5 May 2008.  

The placing raised gross proceeds of approximately £7.0 million (A$14.7 million).  These funds will provide CFCL with further working capital to facilitate the Company’s continued commercialisation activities including the integration of its fuel cell products with conventional condensing boilers.  

The new shares were issued, and admitted to trading on the AIM market, on Friday 9 May.  The Company has today applied for the new shares to also be quoted on the ASX.  A total of 35,000,004 new shares were issued, taking the Company's total issued shares to 344,745,674.  


Please Visit Our Sponsors such as wotif.com who make this site possible
© 1999 - 2008 FuelCellWorks.com All Rights Reserved.
1setstats1setstats1
setstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstatssetstats