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VOLT GROUP LIMITED — Capital/Financing Update 2012
Feb 28, 2012
66016_rns_2012-02-28_c40334ae-d597-4bd8-a4a9-516c7b8f8fef.pdf
Capital/Financing Update
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29 February 2012
Placement
Perth-based clean power company, Enerji Limited (ASX:ERJ), has received commitments for approximately $650,000 in a placement of approximately 54m shares at A$0.012 per share with an attaching option (ERJOA). The placement proceeds will be used to fund the Carnarvon project installation.
Enquiries:
Greg Pennefather Enerji Limited +61 8 9268 3800
www.enerji.com.au
About Enerji
Enerji Limited is a Perth-based clean power company focussed on commercialising the Opcon Powerbox in Australia.
The Opcon Powerbox cogeneration technology transforms waste heat into electricity and therefore creates significant energy cost savings and reduced CO2 emissions for its customers.
Enerji has exclusive sales and distribution rights for the Opcon Powerbox in Australia and options for Malaysia, Thailand, Singapore, and Sub-Saharan Africa.
The Opcon Powerbox, manufactured in Sweden by Opcon, represents a significant commercial opportunity through application to industrial, mining and power generation operations.
Enerji plans to maximise this opportunity and generate shareholder returns through long-term power purchase agreements.