Lignol acquires 356M shares in Australian Renewable Fuels

March 21, 2013 |

In Canada, Lignol invested A$2.5M to acquire 356 m shares of Australian Renewable Fuels Limited. The investment, combined with previous acquisitions, represents a 21.4% stake in ARW, and Lignol is now one of ARW’s largest shareholders. Lignol recently announced a line of credit with Difference Capital Funding, and covered the investment with this credit.

Category: Fuels

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