great new listing worth a look

Gage Roads Brewing Co Ltd (GRB) lists after an issue of 40c shares to raise $4 million. Gage, established in 2003, is one of Australia's largest independent craft breweries and has established a range of boutique beers in the premium beer market which has shown strong growth of 15.4 pct over the past 5 years and recorded growth of 26 pct for the year to March 2006. Through an exclusive national distribution agreement with the Hardy Wine Company, Gage Roads has access to one of the most comprehensive distribution channels in Australia and is rapidly expanding both brand recognition and sales. At the 2006 Australian International Beer Awards, Gage Roads won a medal for every product submitted and was in the running for BestNew Exhibitor. The float will enable the company to fulfil its strategic objective of becoming one of Australia's leading premium beer brands.
Directors: Michael Perrott, non exec chair. Past roles include Managing Director of Gardner Perrott Group Ltd, sold to Brambles in 1989 and chairman of Stanley Mining Services, sold to Layne Christianson in 1997. He is currently chairman of Port Bouvard Ltd, GME Resources and a director of Portman and Schaffer Corporation. Paul McKenzie, non exec, a director of RuralAus Investment Ltd. He is founder and principal consultant with agricultural consultancy Agrarian Management. Peter Nolin, managing director and brewmaster. A founding shareholder and managing director of Gage Roads. Peter recently won a 40 under 40 Award from WA Business News which acknowledges the top 40 business leaders in WA under 40 years of age. He has been a professional brewer in the premium beer market for ten years. Bill Hoedemaker, a founding shareholder and director of Gage Road, brewmaster. He has been a professional brewer for eight years, 4.5 years as a member of the multi-award winning brewing team at the Sail & Anchor pub Brewery and the last 3 years as brewmaster for Gage Roads. John Hoedemaker, CFO and director sales & distribution, a founding shareholder and director.