Alternative Energy Limited Issue of Equity (0158U)
December 20 2012 - 4:55AM
UK Regulatory
TIDMALR
RNS Number : 0158U
Alternative Energy Limited
20 December 2012
For immediate release
20 December 2012
Alternative Energy Limited
("Alternative Energy" or "the Company")
Issue of Equity
The Company is pleased to announce that it has placed 50,000,000
Ordinary Shares at a price of US$0.008 per share thereby raising
US$400,000. The monies will be used for additional general working
capital purposes.
Application has been made for the 50,000,000 Ordinary Shares,
which will rank pari passu with all existing ordinary shares, to be
admitted to trading on AIM and trading in such shares is expected
to commence on or around 28 December 2012.
The total number of shares in issue is now 1,935,916,264 and the
total number of Ordinary Shares held in Treasury is 1,922,966.
ENDS
About Alternative Energy
Alternative Energy Limited is headquartered in Singapore.
Through its team of Singapore based engineers, Alternative Energy
has developed a number of technologies including its patented roof
based energy system, the eRoof. The Company is now producing its
third generation eRoof for commercial roll out this year. The
Company is also developing a number of energy saving technologies
designed to reduce power consumption, led by its LED lighting
systems, which will combine with its energy generation systems to
enable the creation of energy self sufficient buildings.
'NOW THE WORLD HAS AN ALTERNATIVE' (TM)
For further information please see the Company's website:
www.alternativenergy.com.sg or please contact:
Alternative Energy Limited
Eric Goh, Director +65 9060 1355
Richard Lascelles, Director +44 (0) 20 7408 1067
Beaumont Cornish Limited
Nominated Adviser and Broker
Roland Cornish and James Biddle +44 (0) 20 7628 3396
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEFELFSSFESEIE
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