“In the eight weeks since our last newsletter, Calix has achieved some significant milestones. Perhaps most significantly, we listed on the Australian Stock Exchange (ASX) with well-oversubscribed institutional interest that helped us raise $8 million in capital.
We’re now embarking on growth initiatives focused on expert revenue expansion in Europe, the US, and Asia. Our battery and agriculture development programs are in full swing and we’ll keep you updated on all of these developments as the new financial year unfolds.
Some other key highlights in the past eight weeks are:
• Our low emissions intensity lime and cement (LEILAC) project in Belgium continues to progress on time and budget. We remain on track to complete construction and commissioning of this project in March/April 2019.
• Our advanced battery materials project, BATMn, has successfully completed front-end engineering design. Next step: detailed design and construction.
• Our BOOSTER-Mag crop protection licensing strategy has seen a second material transfer agreement (MTA) signed with a major multinational crop protection company.
• Our biogas enhancement application began two more trials with one in Australia and the other in the UK.
Exciting times ahead for the Calix team. Thanks for your interest and continued support.”