LiqTech International, Inc. Announces SmallCap Danmark A/S Is A New 5% Shareholder
BALLERUP, Denmark, Oct. 9, 2013 /PRNewswire/ -- LiqTech International, Inc. (OTCQX: LIQT) ("LiqTech") announced today that SmallCap Danmark A/S has become a 5% owner as a result of the exercise of warrants from the special offer to warrant and option holders as disclosed in the September 24th and 25th press releases.
Mr. Aldo Petersen, Chairman of LiqTech, stated, "We are very pleased that SmallCap Danmark A/S, a Denmark-based investment company that is primarily engaged in specialty equity investments in Nordic small cap companies, has exercised its warrants and become a 5% holder of LiqTech shares. It is a highly regarded Nordic fund and its further investment in LiqTech is welcomed."
Mr. Jens Erik Host, CEO of SmallCap Danmark, said, "We are very happy to participate in this special offer as we strongly believe that LiqTech International is poised to show significant future growth as its silicon carbide membrane technology is increasingly adopted by a broad range of industries."
Please refer to the September 24th and 25th press releases for additional details regarding the special offer to LiqTech's warrant and option holders.
ABOUT LIQTECH INTERNATIONAL, INC.
LiqTech International, Inc., a Nevada corporation, is a clean technology company that for more than a decade has developed and provided state-of-the-art technologies for gas and liquid purification using ceramic silicon carbide filters, particularly highly specialized filters for the control of soot exhaust particles from diesel engines and for liquid filtration. It also manufactures ceramic silicon carbide kiln furniture. Using nanotechnology, LiqTech develops products using proprietary silicon carbide technology. LiqTech's products are based on unique silicon carbide membranes which facilitate new applications and improve existing technologies. For more information, please visit www.liqtech.com.
This press release contains "forward-looking statements." Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in the our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
SOURCE LiqTech International, Inc.