June 2018
Ocean Guardian Holdings Limited today, Monday 18th June, has confirmed the postponement of its listing on the ASX as a result of a future announcement which will have a positive and material effect on the company’s valuation.
The company still intends to list on the ASX with a new target date set for early 2019, and to support the company’s capital requirements as outlined in the IPO Prospectus we have commenced a private placement of up to $2M.
In addition to the already announced Ocean Guardian LR10 product priced at $2,499 targeted at the worlds fifteen million registered boat owners, the company will shortly confirm advancements in its quest to deploy new technology aimed at removing shark nets and drum lines from Australian beaches.
Ocean Guardian CEO, Lindsay Lyon stated, “We plan to deliver a technology solution which will make Australian beaches the safest in the world, and at the same time protect our oceans creatures from the inhumane devastation caused by shark nets.”
