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LARK DISTILLING CO. LTD — Capital/Financing Update 2014
Feb 26, 2014
65265_rns_2014-02-26_361c31ea-fae3-460c-bd80-613d1a53d129.pdf
Capital/Financing Update
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ACN 104 600 544
ASX CODE: MTI
ASX ANNOUNCEMENT 27 FEBRUARY 2014
ACTIVITIES UPDATE
Montec International Limited (ASX: MTI) is pleased to announce that it has acquired a minority interest in Lark Distillery Pty Ltd. Montec views the interest in Lark as a strategic investment to support its distribution with Lark for whisky and other spirits in China.
Lark Distillery Pty Ltd, based in Tasmania, is recognised as the oldest whisky brand in Australia, established in 1993 by Bill Lark. Since inception, Lark has won numerous international awards for the whisky, which is a key attraction to the market in China.
The investment in Lark will be used to fund the expansion of the business.
Terry Cuthbertson has joined the board of Lark with the aim of working with the Board and management of Lark to grow the business. Montec intends to work with Lark management with its distribution of whisky and spirits in China.
Mr Nick Geddes Company Secretary Montec International Limited
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For further information contact: Nick Geddes, Company Secretary 1300 134 875
Montec International Limited Level 3, 70 Pitt Street, SYDNEY NSW 2000 PO Box 991, ROZELLE NSW 2039 T: +61 2 8752 7866 F: +61 2 8752 7860