Bradenton Herald reports: Algae.Tec began trading today on the OTC market’s prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com

“We are pleased to welcome Algae.Tec to OTCQX,” said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. “The OTCQX platform offers investor-focused companies a winning combination of quality control, transparency, and broader visibility to U.S. investors.”

INTL Trading, Inc. will serve as Algae.Tec’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements.

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Statesman.com reports: OTC Markets Group Inc.(OTCQX: OTCM) the financial information and technology services company that provides the world’s largest electronic marketplace for broker-dealers to trade unlisted stocks, announced that Algae.Tec Limited(OTCQX: ALGXY; ASX: AEB), a renewable energy company, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.

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Daily Markets report: Algae.Tec began trading today on the OTC market’s prestigious tier, OTCQX International.

“We are pleased to welcome Algae.Tec to OTCQX,” said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. “The OTCQX platform offers investor-focused companies a winning combination of quality control, transparency, and broader visibility to U.S. investors.”

Read the full article here.

San Francisco Chronicle reports: Algae.Tec congratulates its strategic partner the Manildra Group on being awarded the world’s first commercial certification by the Roundtable on Sustainable Biofuels (RSB). The RSB has developed a Global Sustainability Standard and Certification System for biofuel production. The RSB Certification System is approved by the European Commission, as proof of compliance with the Renewable Energy Directive (2009/28/EC).

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NewNet reports:

Roger Stroud, executive chairman of Australian biofuel developer Algae.Tec has been appointed as a member of the advisory board for the Fuels and Energy Technology Institute at Curtin University in Perth.

The centre was formally launched last week by Australia’s Minister for Resources and Energy Martin Ferguson.

Ferguson said, ‘Advanced biofuels have a wide range of applications, in everything from aviation and shipping to electricity generation. Australia is well placed to capitalise on the opportunities on offer and facilities like these at Curtin University will help us do that.’

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Daily Markets Report: Algae.Tec Ltd (ASX:AEB, FWB:GZA:GR, ALGXY:US) (‘Algae.Tec’) is pleased to announce that the AUD$5,000,000 (USD$5,354,086.97) Placement through Patersons Securities Limited has been successfully completed.

As previously stated, this capital raising will be utilised to fund the fast-tracking of commercial projects recently announced.

Algae.Tec Executive Chairman, Roger Stroud, said the Company was extremely pleased with the capital raising.

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Biodiesel Magazine reports:

According to Algae.Tec CEO Peter Hatfull, the cumulative impact of these announcements means that his company is making the transition from a development-stage company to a commercial entity.  “We’ve reached a completely new level,” he told Biodiesel Magazine. “We are getting external validation of our technology and building commercial plants. It means that within two to two-and-a-half years we will have significant revenue coming in, and that, of course, is the basis for share price increases,” he said. “This is a game changer for Algae.Tec.”

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