Following the conclusion of the recent capital raising, the Board has undertaken a strategic review of Antaria's businesses, with a view to building revenues and cash returns for shareholders.
Antaria is pleased to confirm that the AGM Documents have been despatched to shareholders, including the 2011 Annual Report to those shareholders who requested a hard copy.
Antaria Limited (ASX: ANO) is pleased to announce the appointment of Mr. Rade Dudurovic as a Non-Executive Director on the Antaria Board effective from 2 November 2011.
Antaria Non-Executive Chairman, Mr. Robert Mangioni, said: "Rade is an excellent appointment to the Antaria Board. His involvement with manufacturing industries in the consumer sector, coupled with his skills in international marketing (particularly in China/Asia) and operational management, will make Rade a significant contributor to the growth of Antaria".
Antaria is pleased to report continued growth in group sales volumes and revenue. Total sales for the first quarter of FY12 are over 20% higher than the same period in FY11, primarily driven by strong ZinClear-IM® sales to Dow.
Antaria Limited (Antaria) is pleased announce that it has completed the allotment and issue of 38,500,000 ordinary shares as the first stage of the Placement referred to in the Company's announcement on 19 October 2011.
ZinClear-IM™ - for the first time enabling transparent SPF 30+ sunscreens containing only zinc oxide as the UV absorber.
Alusion™ - the latest in soft focus effect pigments for masking the effects of ageing.
nanoZ™ - satisfying a market need for long life transparent UV absorbing coatings.