HydroWorks to raise another A$1.5M ahead of ASX listing next year

Thu, 29 Sep 2016

By Paul McBeth Sept. 29 (BusinessDesk) - HydroWorks, a Christchurch-based hydro-electricity turbine innovator, is going across the Tasman to raise A$1.5 million, having just raised the almost same amount in New Zealand, ahead of an ASX listing slated for the first quarter of next year. Hydroworks raised NZ$1.5 million in an oversubscribed offer of convertible notes in New Zealand, and is heading to Australia for a pre-initial public offering offer, with roadshows planned in Perth, Sydney, and Melbourne, it said in a statement. HydroWorks...

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