Key shareholders underwrite portion of Altech raising

ALTECH Chemicals has secured partial underwriting for a big entitlement issue to fund its emerging European initiatives, and it has signed an agreement to develop a silicon anode for use in lithium-ion batteries.

Key shareholders underwrite portion of Altech raising Key shareholders underwrite portion of Altech raising Key shareholders underwrite portion of Altech raising Key shareholders underwrite portion of Altech raising Key shareholders underwrite portion of Altech raising
Major shareholders Deutsche Balaton/Delphi and Melewar have agreed to underwrite A$7.6 million of a two-for five non-renounceable pro-rata offer to raise up to $14.