Advanced Nano shares fall after customer's contract ends

Shares in Welshpool-based Advanced Nanotechnology Ltd fell by 6.25 per cent today after UK-based customer Oxonica plc announced the end of its supply contract with Turkish oil company Petrol Ofisi AS.

ANL supplied Oxonica with diesel fuel combustion improver Envirox to help it meet obligations under the $16.6 million agreement with Petrol Ofisi, having received purchase orders of $850,000 for the year ended December 2006.

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