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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Biorefining Magazine reports:

Algae.Tec Ltd. has made several important announcements over the past month. On Jan. 11 the company announced plans to nearly quadruple capacity at its algae development and manufacturing facility in Atlanta. A week later on Jan. 18, Algae.Tec announced it had signed a binding Memorandum of Understanding with Shandong Kerui Group Holding Ltd. to form a 50/50 joint venture in China for a commercial-scale algae production project. In addition, the company also announced a $5 million capital raising event with Patersons Securities Ltd.

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TheBioenergySite reports:

AUSTRALIA – Australian company Algae.Tec has raised AUS$5 million (€4 million) through Patersons Securities and the money will be used to fast-track the business’ commercial plans.

Algae.Tec executive chairman, Roger Stroud, says the company was happy with the fundraising round: “This again demonstrates that sophisticated investors are aligned with the need for alternative transport fuel technologies such as the Algae.Tec enclosed algae to biofuels solution.

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Checkbiotech reports:

The company announced last week that it had signed a binding MOU for a 50/50 equity joint venture with Shandong Kerui Group Holding, for the construction, in Dongying (Shandong province) of an 8.7 million gallons (33 million liter) algae biofuels facility.

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Proactive Investors reports: Algae.Tec’s (ASX: AEB, FWB: GZA:GR, ALGXY: US) managing director Peter Hatfull has increased his stake in the company through an on-market trade.

Hatfull purchased 45,000 shares for his super fund for a consideration of $24,750, providing an average entry price of $0.55.

Hatfull now holds 8.16 million shares in his own name (8 million of these escrowed until January  2013), along with another 1.5 million in his super fund.

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ReNew Economy reports:

The Australian listed Algae.Tec, which has been among the best performing clean-tech stocks anywhere in the world since its listing a year ago, is building a demonstration plant of its unique enclosed photo bio-reactors next to a Manildra facility in Nowra and has signed an agreement to create a joint venture to build a 250-module facility in China.

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Biodiesel Magazine reports:

Algae.Tec Ltd. announced this week it signed a binding memorandum of understanding for a 50/50 equity joint venture in China with Chinese company the Shandong Kerui Group Holding Ltd. The first project under the JV, according to Algae.Tec, will be the construction of a 250-module algae biofuels facility in China to be funded equally by both parties.

Algae.Tec Executive Chairman Roger Stroud said in a press release that the facility will be the first of its size and type in the world, being purely focused on algae for the production of transport fuels.

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Renewable Energy World reports:

Biofuels producer Algae.Tec has signed a deal to fund the construction of a facility in China that will produce a renewable alternative to fossil fuels. The plant will produce transport fuels derived from algae and is expected to generate about 33 million liters of transport oil per year.

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