Appointment of Lodge a good step towards getting relisted. Hopefully the company will say something about the government grant.
ASX Announcement
Appointment of Lodge Partners Pty Ltd as nominated adviser and broker
Melbourne, Australia 3 April 2014: Solagran Ltd (ASX: SLA) is pleased to announce the appointment of Lodge Partners Pty Ltd as its nominated adviser and broker.
“Lodge Partners’ expertise in small to mid cap biotech, healthcare and life sciences made it an ideal choice,” said SLA Chief Executive Dr Darren Schliebs. “We look forward to working with Lodge in this important stage of the company’s development to pursue a number of exiting growth initiatives.”
Lodge Partners will offer expert corporate advisory support, and assist in developing a new capital management program, and building on Solagran’s existing shareholder base. Solagran Ltd plans to have the company’s shares resume trading on the ASX at the earliest possible time.
About Solagran
Solagran Ltd is a Melbourne-based biotechnology company that has developed an exciting range of unique, efficacious and proprietary products naturally sourced from different species of conifer trees, targeting the fast-growing natural healthcare and nutraceutical sectors. Solagran’s competitive advantage in the sector is the company’s long history of scientific excellence, academic credibility and proprietary manufacturing innovations. The company’s products range from registered pharmaceuticals to supplements and complementary medicines. Solagran products are in the Australian, Russian, Malaysian and the UAE markets with current negotiations to expand into new territories. Read more: www.solagran.com
About Lodge Partners
Lodge Partners Pty Ltd is an Australian owned stockbroker based in Melbourne. Established in 1994, Lodge Partners has grown and evolved to become a provider of the highest level of service in investment advice and corporate counsel. Lodge Partners has a highly experienced equity research team dedicated to stock-specific analysis, with expertise in small to mid capitalisation companies.
Read more: http://www.lodgepartners.com.au/
SLA Price at posting:
3.9¢ Sentiment: None Disclosure: Held
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