daytrading dec 16 morning, page-5

ADO -


ANTEO COMPLETES $5.5 MILLION PLACEMENT

? 44 million new shares to be issued to a range of institutional and professional investors

? Placement done at 12.5 cents per share – 19% discount to the last trade

? Funds to be used to bring forward the commercialisation of two patent applications

? Anteo well-funded for growth with $8million cash at bank and growing revenue streams