“Calix has made some great progress on a number of fronts since April.
Our progress with BOOSTER-Mag, a safe, non-toxic and environmentally friendly agricultural spray being developed into the crop protection industry, has achieved three major milestones in its licensing progress, registration progress and latest field trial results. Our AQUA-Cal+TM water-conditioning product for aquaculture is showing excellent early results in a trial in freshwater lake restoration in Malaysia. And ourACTI-MagTM product is also returning some excellent early results in helping a Thai palm oil mill produce more biogas for renewable electricity, and improve its environmental performance. Read about all these great advances in this newsletter.
Also featured in this newsletter is our new application technology for ACTI-MagTM, to broaden the market for sewer odour control to include hassle-free, smaller dosing systems for lower flow sewers, as well as expansion of our offering for sewer asset protection to include structural repair. And our European LEILAC project continues to move rapidly through its construction phase, with structural steel fabrication commencing and tie-ins into the HeidelbergCement Lixhe cement plant completed.
Our IPO strategy also continues to progress – we have appointed Shaw and Partners and Foster Stockbroking as Joint Lead Managers for an ASX listing attempt. If market conditions are conducive to a listing attempt at a time we choose to list, we will make available a prospectus. Anyone who is eligible, and wishes to apply for shares under the IPO will need to complete the application form that accompanies the prospectus.
Thank you again for your continued interest in Calix. “