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SAFEROADS HOLDINGS LIMITED — Capital/Financing Update 2022
Dec 14, 2022
65853_rns_2022-12-14_8a515fcb-27bc-46a8-96e7-a2e5cb165c03.pdf
Capital/Financing Update
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15 December 2022
ASX ANNOUNCEMENT
Market Update
The directors of Saferoads Holdings Limited (ASX: SRH) provide the following market update:
The Company is pleased to announce that it has secured the first order for HV2 Barriers to the USA.
TrafFix Devices placed an order for 165 units (approximately one kilometre) of HV2 Barriers, to be supplied to North Dakota. This order is expected to be fulfilled in the first quarter of 2023.
“This is an important milestone for Saferoads, after a number of years and significant investment in the research, development and seeking regulatory approvals for this product,“ said Managing Director, Darren Hotchkin. “It is a testament to the great team here in Australia and our partners in the USA. We anticipate this to be the first of many more orders in the future for HV2 Barrier in the USA.“
This announcement has been authorised for release by the Board.
Enquiries/Additional Information:
David Ashmore, Chairman
Ph: 0418 155 500 Email: [email protected]
ABOUT SAFEROADS
Saferoads is an ASX listed company specialising in providing innovative safety solutions. Headquartered in Pakenham, Victoria with representation across Australia, New Zealand and the USA, the company provides state government departments, local councils, road construction companies and equipment hire companies with a broad range of products and services designed to direct, protect, inform and illuminate for the public’s safety.
Saferoads Holdings Limited ASX: SRH ABN 81 116 668 538
22 Commercial Drive PO Box 2030 Pakenham VIC 3810 Australia
Telephone: +61 3 5945 6600 Website: www.saferoads.com.au