CFU 0.00% 0.4¢ ceramic fuel cells limited

**** Bergen Agreement **** The Company has entered into a Share...

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  1. 28 Posts.
    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
    0 **** Bergen Agreement **** The Company has entered into a Share Purchase and Convertible Security Agreement with



    Bergen Global Opportunity Fund, LP (the “Investor”), a New York based institutional investor (the “Agreement”), under which the Investor has agreed to invest a minimum of US$3 million (approximately A$3.3 million or £1.8 million) and up to US$8.5 million (approximately A$9.4 million or £5.1 million) in the Company.
    1 The Investor will invest a minimum of US$200,000 (approximately A$221,000 or £121,000) per monthly investment tranche for a period of up to twelve months, in return for the issue of the Company’s shares. The Company and the Investor may increase the amount of each monthly tranche to up to US$700,000 (approximately A$775,000 or £423,500) by mutual consent.
    2 Appendix 3B
    Shares
    Price
    US
    Australian
    Appendix 3B
    3 Dollars
    Dollars
    4 Mar
    24/03/2014

    9,800,000

    $0.00

    $0.00

    Nil Consideration
    5 Apr
    13,406,250

    6 May
    28/05/2014

    21,677,900

    $200,000.00

    7 June
    27/06/2014

    29,153,091

    $300,000.00

    $320,684.00

    8 July
    30/07/2014

    21,290,200

    $200,000.00

    $212,902.00

    9 Aug
    10 Sep
    10/09/2014

    20,165,667

    $168,315.00

    $181,491.00

    11 Oct
    17/10/2014

    33,022,857

    $200,000.00

    $231,160.00

    12 Nov
    20/11/2014

    21,442,500

    $111,261.00

    $128,655.00

    13 Dec
    14 Jan
    14/01/2015

    25,600,600

    0.005

    $102,825.00

    $128,003.00

    15 Feb
    16 Totals
    $1,282,401.00

    $1,202,895.00

 
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Currently unlisted public company.

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