Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Dyesol Successfully Raises $5 Million

Abstract:
Australian "clean-tech" company, Dyesol Limited (ASX: DYE, OTCQX: DYSOY, FBW: D5I.F), has raised a total of AUD $5 million, through take-up by shareholders of the recent Share Purchase Plan and a supplementary placement to sophisticated investors.

Dyesol Successfully Raises $5 Million

Queanbeyan, Australia | Posted on March 28th, 2012

The transaction was partly underwritten by Octa Phillip Securities for a total of $3 million and, consequently, there was no shortfall to the underwriter.

In addition to the approximate $3.9 million of proceeds raised from the Share Purchase Plan, the Company has also placed $1.1 million in shares at 18 cents per share to sophisticated investors, comprised principally of existing sophisticated investor shareholders. The total number of shares to be issued will be approximately 27.78 million.

"The Company is deeply gratified by the strong financial support from Dyesol shareholders and looks forward to reporting exciting developments in our world-class partner projects in the coming weeks and months." Dyesol Chairman Richard Caldwell stated.

Dyesol is a global supplier of Dye Solar Cell (DSC) materials, technology and know-how. The Company supplies photovoltaic enabling technology and materials to manufacturers seeking to value-add photovoltaic capability into their products, such as glass building façade or steel roofing products.

DSC is a third generation photovoltaic technology enabling metal, glass and polymeric based products in the building, transport and electronics sectors to generate clean electricity and improve energy efficiency.

DSC is a biomimetic nanotechnology which mimics the natural process of photosynthesis to generate energy from (sun) light. Special advantages of DSC technology is good performance in shade, haze/pollution, vertical installation, and at dawn and dusk - i.e. real world solar conditions.

Radio Interview: To hear more about the capital raising results, listen to a radio interview with Dyesol Chairman Richard Caldwell airing 29 March 2012. Visit Dyesol's Audio Library to listen to the interview - visit www.dyesol.com go to the Investors tab then click on Dyesol Broadcast.

####

About
Dyesol is a global supplier of Dye Solar Cell (DSC) materials, technology and know-how. DSC is a photovoltaic technology enabling metal, glass and polymeric based products in the building, transport and electronics sectors to generate energy and improve energy efficiency. Dyesol partners with leading multinational companies who possess significant market share and established routes-to-market. The company is listed on the Australian Stock Exchange (DYE), the German Open Market (D5I), and is trading on the OTCBB (DYSOY) through its depositary BNY Mellon. Learn more: www.dyesol.com Subscribe to Mailing List and eNewsletter here.

The Technology - DYE SOLAR CELLS

DSC technology can best be described as 'artificial photosynthesis' using an electrolyte, a layer of titania (a pigment used in white paints and tooth paste) and ruthenium dye deposited on glass, metal or polymer substrates. Light striking the dye excites electrons which are absorbed by the titania to become an electric current. Compared to conventional silicon based photovoltaic technology, Dyesol's technology has lower cost and embodied energy in manufacture, it produces electricity more efficiently even in low light conditions and can be directly incorporated into buildings by replacing conventional glass panels or metal sheets rather than taking up roof or extra land area.

For more information, please click here

Contacts:
Media & Investor Relations Contacts:
Australia
Viv Hardy
Callidus PR
Tel: +61 (2) 9283 4113
or +61 (0)411 208 951

Germany & Europe
Eva Reuter
DR Reuter
Investor Relations
Tel: +49 177 605 8804

USA & the Americas
Josh Seidenfeld
Antenna Group
Tel: +1 415 977 1953


Dyesol Headquarters
Angela Geary
Dyesol Brand Manager
Tel: +61 (0)2 6299 1592

Copyright © Dyesol Ltd

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Scientists announce the quest for high-index materials: All-dielectric nanophotonics: The quest for better materials and fabrication techniques July 22nd, 2017

Pulses of electrons manipulate nanomagnets and store information: Scientists use electron pulses to create and manipulate nanoscale magnetic excitations that can store data July 21st, 2017

The first light atomic nucleus with a second face July 20th, 2017

Semiliquid chains pulled out of a sea of microparticles July 20th, 2017

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

Forge Nano 2017: 1st Quarter Media Update April 20th, 2017

180 Degree Capital Corp. Announces the Start of Kevin Rendino as Chairman and Chief Executive Officer and Completion of its Transition to a Registered Closed-End Fund March 31st, 2017

Caught on camera -- chemical reactions 'filmed' at the single-molecule level March 22nd, 2017

Harris & Harris Group Issues Its Financial Statements as of December 31, 2016, Posts Its Annual Shareholder Letter, And Will Host a Conference Call for Shareholders on Friday, March 17, 2017 March 15th, 2017

Investments/IPO's/Splits

Nanometrics to Participate in the 9th Annual CEO Investor Summit 2017: Accredited investor and publishing research analyst event held concurrently with SEMICON West and Intersolar 2017 in San Francisco June 27th, 2017

180 Degree Capital Corp. Announces the Start of Kevin Rendino as Chairman and Chief Executive Officer and Completion of its Transition to a Registered Closed-End Fund March 31st, 2017

Harris & Harris Group Issues Its Financial Statements as of December 31, 2016, Posts Its Annual Shareholder Letter, And Will Host a Conference Call for Shareholders on Friday, March 17, 2017 March 15th, 2017

Harris & Harris Group Announces the Filing of Preliminary Proxy Materials Detailing Its Proposed Conversion From a BDC to a Registered Closed-End Fund January 24th, 2017

Announcements

Scientists announce the quest for high-index materials: All-dielectric nanophotonics: The quest for better materials and fabrication techniques July 22nd, 2017

Pulses of electrons manipulate nanomagnets and store information: Scientists use electron pulses to create and manipulate nanoscale magnetic excitations that can store data July 21st, 2017

The first light atomic nucleus with a second face July 20th, 2017

Semiliquid chains pulled out of a sea of microparticles July 20th, 2017

Energy

'Upconverted' light has a bright future: Rice University professor developing plasmon-powered devices for medicine, security, solar cells July 17th, 2017

Making two out of one: FAU researchers have explained the mechanism behind a process that can increase the efficiency of organic solar cells July 12th, 2017

Argonne National Laboratory’s Continuous ALD Technology Licensed Exclusively to Forge Nano July 7th, 2017

Tiny bubbles provide tremendous propulsion in new microparticles research-Ben-Gurion U. June 21st, 2017

Solar/Photovoltaic

'Upconverted' light has a bright future: Rice University professor developing plasmon-powered devices for medicine, security, solar cells July 17th, 2017

Making two out of one: FAU researchers have explained the mechanism behind a process that can increase the efficiency of organic solar cells July 12th, 2017

Thinking thin brings new layering and thermal abilities to the semiconductor industry: In a breakthrough for the semiconductor industry, researchers demonstrate a new layer transfer technique called "controlled spalling" that creates many thin layers from a single gallium nitride July 11th, 2017

Tiny bubbles provide tremendous propulsion in new microparticles research-Ben-Gurion U. June 21st, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project