Capital Raising Supported By Leading Agribusiness Investors

Alterra Ltd (ASX:1AG) is pleased to announce a capital raising of up to $3.7 million under which a company associated with Pendulum Capital Pty Limited (Pendulum), led by successful agribusiness investors and operators Peter Fogarty and Greg Harvey, will acquire up to a 19.9% stake in the Company. Pendulum is a leading investment, management and corporate […]

Alterra Advances Stage 2 of Carpenters Development

Alterra Ltd (ASX:1AG) (Alterra or Company) is pleased to advise it has commenced preparations for the next stage of the Company’s flagship 300-hectare avocado project, Carpenters, located in south-west, Western Australia. As announced on 23 March 2021, following completion of an electromagnetic survey for Stage 2 covering 52ha, field preparations have progressed with ripping completed, […]

Alterra Carpenters Project Presentation March 2021

CEO Oliver Barnes presenting on ShareCafe’s Hidden Gems Webinar in March 2021. In this presentation, Mr Barnes provides an update on Alterra’s flagship 300ha avocado development, Carpenters Project. Download an updated copy of the presentation. An overview of the key discussion points is below. Carpenters overview Why invest in 1AG Project milestones Avocado market opportunity […]

Carpenters Makes Significant Progress on 4.1GL Dam

Alterra Ltd (ASX:1AG) is pleased to provide an update in relation to the Company’s flagship avocado project, Carpenters. The tree health of the first 5-hectares planted in October 2020 is encouraging with positive flush of growth emerging as the trees establish. Alterra has been working closely with its local partners French’s Group and Yambellup Estate on […]

Alterra Announces $694K R&D Claim for Carpenters

Alterra Ltd (ASX:1AG) (Alterra or Company) is pleased to announce that it has lodged a $693,945 Research and Development (R&D) claim with AusIndustry and the Australian Taxation Office. The R&D Tax incentive recognises the innovative avocado growing methodology that has been implemented at the initial 5-hectare planting at the Company’s flagship development, Carpenters during the […]
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