Shaw and Partners has been appointed Lead Manager to the IPO of Carbonxt Group Ltd.

The company is seeking to raise approximately $10m, offering 14.3 million shares with an issue price of $0.70 per new share.

The primary purpose of the offer is to provide funding for Carbonxt’s growth strategy including acquisition or construction of production facilities, expanding the management team to develop new products and enter new markets.

Carbonxt is a high growth environmental / clean technology company with strong Intellectual Property, focused on growing global markets with long term contracts.

For more information or to obtain a copy of the prospectus, please contact your Shaw and Partners’ adviser.

About Carbonxt

Carbonxt is a provider of Activated Carbon (AC) products for emissions control applications, with the primary focus being the removal of mercury from flue gas and wastewater emitted by coal fired power stations and other industrial facilities in the United States. 

Disclaimer:  Carbonxt Group Limited ACN 097 247 464 (Company) lodged a Prospectus (Prospectus) on 22 November 2017 with the Australian Securities and Investment Commission (ASIC).  The Prospectus invites investors to acquire fully paid ordinary shares (Shares) in Carbonxt Group Limited at an issue price of $0.70 per Share (Offer).   An electronic copy of the Prospectus is available on the Carbonxt Group Ltd website: www.carbonxt.com/investors-center.  The Prospectus is an important document that should be read in its entirety before deciding whether to participate in the Offer.  If after reading the Prospectus, you have questions about the Offer, you should contact your stockbroker, accountant or other professional adviser.  Applications for Shares under the Offer may only be made in accordance with the instructions set out in the Prospectus.