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AGRI ENERGY LIMITED - ASX: AAE

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Agri Energy Ltd (formerly Australian Ethanol Ltd) is involved in the ethanol and biodiesel industry. The Company was under external administration during the year and the Deed of Company Arrangement was wholly effectuated and settlement occurred on 1 October 2009. The principal continuing activities of the Company is energy and resources and the continuation of its Australian Ethanol Business. The Company will continue to undertake the Australian Ethanol Business and all other assets of the Company have been disposed of by either operation of the United States bankruptcy proceedings, the Administrator or the Deed Administrator. All creditors are bound by the Deed of Company Arrangement and at completion all claims against the Company were released and there are no residual liabilities or potential recovery from former creditors against the Company after completion. The Company is now proceeding to raise equity capital to complete the restructuring and recapitalisation. Once completed, the Company will seek the reinstatement of the quotation of its securities on ASX. 30/06/2009.

Mine For

Ethanol production.

Location of operation(s)

Northwestern Victoria

Address

Level 1, 33 Ord St
WEST PERTH, WA, AUSTRALIA

Phone

(61 8) 9420 9300

Email

Website

http://www.agrienergy.co.uk

Last Updated

05/05/2010

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.