BluGlass (ASX:BLG): 2016 Annual General Meeting

Company Presentations

by Carolyn Herbert

2016 has been an unprecedented year of transformation for BluGlass (ASX:BLG) in the development of our RPCVD technology.

The key achievements include:

- exclusive collaboration agreement with LED market leader Lumileds (March 2016)
- Sucessful capital raising of $3 million placement (April 2016)
- Upgraded RPCVD system (September 2016)
- Successful capital raising $5 million placement (October 2016)
- Recieves $600 million fountry order from new customer (Nov 2016)

Financial snapshot:

- $1.9 million in cash (end of September)
- $5 million raised in October placment
- $435,000 burn rate per month
- $2.1 million tax refund for 2016
- $2 million targeted via SPP

Carolyn Herbert

Finance News Network
Carolyn joined FNN in August 2015 as the Head of News and also presents the Market at Midday and the Market Wrap. With more than five years of broadcast journalism experience, Carolyn has worked as a finance anchor on the Sky News Business channel and as an anchor and reporter for ABC News. She is also a qualified corporate lawyer specialising in IPOs, takeovers and mergers and acquisitions.