(MENAFN- ProactiveInvestors)
( AX:AJX OTC QX:AXXIY) has been granted an ASX trading halt relating to a new contract relevant to the company.
The halt will last until the earlier of the announcement being made or the commencement of trade on Wednesday 21st January 2015.
In December Alexium was invited to participate in a program to deliver an improved Flame Resistant Army Combat Uniform to the US military for which it will receive a $50000 grant to provide fabrics for its initial participation in the program.
It is also positioned to benefit from the potential expanded use of cost effective and environmentally friendly Fire Retardant (FR) solutions in the U.S. in both combat and non-combat arenas.
Proactive Investors Australia is the market leader in producing news articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia UK North America and Hong Kong / China.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.