CarbonScape seeks $1.5mln from crowd with 'green coke' offer

Thu, 23 Oct 2014

By Suze Metherell Oct. 23 (BusinessDesk) - CarbonScape, which makes "green" coking charcoal, wants to raise as much as $1.5 million from equity crowd funding to commercialise its product for the steel manufacturing market. The Christchurch-based company has a minimum target of $400,000 on the Snowball Effect platform, with a funding cap of $1.5 million, and is hoping to lure investors offering shares at 20 cents apiece with a minimum investment of $1,000. The offer values CarbonScape at $8.86 million, and would see between 4.3 percent and...

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