June 20 - Cell Aquaculture
Proposed code: CAQ
Issue price: $0.20
Principal activities: Commercialisation of EcoCell system of aquaculture production.
Corporate: Edwin Boyd (non-executive chairman); Perryman Leach (managing director); Peter Burns (non-executive director); David Thomas (non-executive director).
http://www.cellqua.com
(08) 9336 7122
The company hopes to raise $5 million with provision for $7 million in order to commercialise its aquaculture production system.
The offer is not underwritten.