Media ReleasesEco Quest

View All Eco Quest News

EcoQuest Ltd, Chairman's Letter & Presentation

Dear Shareholder,

On behalf of the Directors of Eco Quest Ltd (“Company”) I am pleased to advise that on Monday 23 September 2013 Eco Quest exercised the options to acquire the remaining shares of Cynata Inc (“Cynata”) that it does not already own. This follows the Company’s announcement on 12 July 2013 that it had entered into option agreements with the shareholders of Cynata to acquire their shares in that company. Completion of this proposed acquisition is subject to various conditions described in the accompanying ASX announcement, including ECQ shareholder approval.

This signifies an important transforming event that will see the Company focus its business activities on the development of a stem cell technology deriving from one of the world’s leading centres for regenerative medicine and stem cell research. The potential therapeutic use of stem cells is one of the most exciting developments in medicine for many years and the Company aims to develop the technology of which Cynata is a licensee with the objective of securing a leading position in this exciting field.

For further information and to view Presentation please download PDF below:

Download this document

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.