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Alexium raises $5.25mn from highly oversubscribed SPP
12
Mar '14
Alexium is pleased to report that its Share Purchase Plan has been supported strongly by shareholders. The company has strengthened its financial position by $5.25 million as a result of the heavily oversubscribed SPP. 
 
The additional funds raised will be used for further work in fire retardant polymers for plastics, which will set Alexium even further apart from any competitor, positioning us truly as the “one stop shop” in the world for FR.  
 
This continues to be an exciting time for Aleixum, with a continued and structured drive in sales. Alexium is achieving great preliminary results, having reached out to previous clients, and we are poised to ship our first batch of chemicals over the coming weeks.
 

Alexium


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