Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Dyesol Buys Back Convertible Notes

Abstract:
In light of its recent successful capital raising, Australian nanotechnology and clean energy pioneer, Dyesol Limited (ASX: DYE, OTCQX: DYSOY, FWB: D5I.F), has agreed with Bergen Global Opportunity Fund LP to buy back the remainder of the convertible notes Bergen holds.

Dyesol Buys Back Convertible Notes

Queanbeyan, Australia | Posted on May 22nd, 2012

Dyesol will pay a total of AUD $326,062, representing the face value of the notes plus a 10% premium.

"We believe this action will further relieve downwards pressure on the Company's share price and allow it to recover to a level that better reflects Dyesol's outstanding prospects." said Dyesol Chairman Richard Caldwell.

"While there has been unprecedented turmoil in global markets, Dyesol's strategy of commercialising DSC for the global Building Integrated Photovoltaic market remains sound - as does the quality of our Dye Solar Cell (DSC) technology, especially in relation to its comparative performance against Gen 1 and Gen 2 products in key markets in Europe, North America and Asia." Mr. Caldwell continued.

Dyesol's third generation Dye Solar Cell (DSC) technology has lower embodied energy in manufacture than traditional silicon solar cells and produces electricity well in low light, real world conditions such as cloudy days, hazy or polluted days, dawn and dusk - not just at peak sun at noon on a sunny day.

"DSC is great technology and a truly sustainable choice for the renewable energy sector." Mr. Caldwell said.

"For those wanting to reduce the energy footprint of their buildings, DSC enabled steel roofing or windows will be an excellent choice."

####

About Dyesol Ltd
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

Chains of nanogold – forged with atomic precision September 23rd, 2016

Tattoo therapy could ease chronic disease: Rice-made nanoparticles tested at Baylor College of Medicine may help control autoimmune diseases September 23rd, 2016

Nanotech Grants Options September 22nd, 2016

Coffee-infused foam removes lead from contaminated water September 21st, 2016

Investments/IPO's/Splits

Nanotech Grants Options September 22nd, 2016

Arrowhead Pharmaceuticals to Present at Upcoming September Conferences September 1st, 2016

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Announcements

Chains of nanogold – forged with atomic precision September 23rd, 2016

Tattoo therapy could ease chronic disease: Rice-made nanoparticles tested at Baylor College of Medicine may help control autoimmune diseases September 23rd, 2016

Nanotech Grants Options September 22nd, 2016

Coffee-infused foam removes lead from contaminated water September 21st, 2016

Energy

Semiconducting inorganic double helix: New flexible semiconductor for electronics, solar technology and photo catalysis September 15th, 2016

New perovskite research discoveries may lead to solar cell, LED advances September 12th, 2016

NREL discovery creates future opportunity in quantum computing: Research into perovskites looks beyond material's usage for efficient solar cells September 9th, 2016

Researchers design solids that control heat with spinning superatoms: Carnegie Mellon University and Columbia University collaborators discover the cause of vastly different thermal conductivities in superatomic structural analogues September 8th, 2016

Solar/Photovoltaic

Semiconducting inorganic double helix: New flexible semiconductor for electronics, solar technology and photo catalysis September 15th, 2016

New perovskite research discoveries may lead to solar cell, LED advances September 12th, 2016

NREL discovery creates future opportunity in quantum computing: Research into perovskites looks beyond material's usage for efficient solar cells September 9th, 2016

NREL Discovery Creates Future Opportunity in Quantum Computing: Research into perovskites looks beyond material’s usage for efficient solar cells September 1st, 2016

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







Car Brands
Buy website traffic