Capital Raising

OPEN

Extracta

Creating value from recycled food by-products

I am interested

INDUSTRY

Manufacturing

RAISING

A$2.6M

PRE-MONEY VALUATION

A$8.5M

OFFER PRICE

A$0.91

MINIMUM INVESTMENT

A$25,000

Investment Highlights

Company Overview

Transaction Overview

Additional Information

Team

News

Transaction Summary
InterGroup Mining Limited

Raising A$2.6M

The minimum investment is $25,000

Request a Call
Request Further Information

Investment Highlights

Re-establishing a lost Australian manufacturing industry – bringing it home from China

Providing a sustainable way for farming to recycle their unused crops – one person’s waste is another person’s gold

Customers established, and looking for local production to replace imports

Exports to the USA using Australia’s farming waste

All activities generating very high margins

Company Overview

Australian innovation and IP, applies globally

Extracting valuable food ingredients from other people’s waste

Improving farming sustainability and reducing carbon footprints

Three B2B customers signed and multiple sales enquires being received

Secure supply chain of local ingredients

Production and logistics facilities built – supply arrangements in place

Strongly supported by the Australian Federal Government with grant funds

Partners with Queensland University of Technology and Macquarie University

Investing in the circular economy

Extracta converts low-cost raw materials that are currently lost to the food chain into high-value products.

Extracta recovers unused food and agricultural surplus and upcycles it into ingredients used by the food, nutraceutical and cosmetic industries, markets that are growing rapidly globally.

Environmentally aware production

Following environmentally friendly production, which is increasingly demanded by customers, Extracta reduces waste, including reducing greenhouse gas emissions.

There is increasing demand from Australian manufacturers for these products, and a strong preference for local, reliable producers like Extracta.

Low volume, high margin

Extracta has few direct competitors because its business model is focused on low volume, high margin, and superior quality products.

Most manufacturers produce high-volume, low-margin products in one or two base raw materials. This high-volume business model is unsustainable in Australia as it is not a large enough market to be sustainable.

For example, pectin has not been manufactured in Australia for many years due to price pressure from imported products. However, Extracta has proven it can be cost-effectively manufactured in Australia.

Australia has very few ingredient manufacturers for high-quality food and food as a medicine market. For example, Extracta’s first customer MediKane imports sugarcane from Japan as no competitive supplier exists in Australia, however, Extracta has proven it can deliver top-quality ingredients

Transaction Overview

Raising A$2.6M

The full investment will purchase 18 percent of Extracta Pty Ltd stock with fully paid ordinary shares offered at A$0.91 per share.

Extracta reserves the right to take over oversubscriptions.

This is a Seed Round only open to Sophisticated Investors. For significant investments, a board seat may be offered.

Use of funds

39.5%

Sales/Marketing/Wages

31%

Operations Costs

15%

R&D Costs

14.5%

Working Capital/Contingency

Additional Information

Other Documents

July 2023

Extracta Brochure

July 2023

Product Sheet

Team

Management

Rod Lewis

Founding Director & Chief Executive Officer

Dr Malcolm Ball

Founding Director & Chief Scientific Officer

Allan Dowsett

Non-Executive Director

News

March 2023

Extracta Update

Read more

September 2022

Extracta Eyes Off Food Waste as Raw Material

Read more

August 2022

Australian company diverting agricultural waste from landfill

Read more

General Disclaimer

The content on this site is provided solely for information purposes, is not a recommendation or an offer to buy or sell a security and is not warranted to be correct, complete or accurate. This site is intended for Accredited/Sophisticated/Wholesale investors only. By continuing with an investment, you are self-accrediting that you so qualify. To the extent permitted by law, neither PrimaryMarkets, its affiliates, nor the content providers (such as the issuers of securities who appear on the site) are responsible for any investment decisions, damages or losses resulting from, or related to, the content, data and analyses or their use. The investment opportunities on this site and any statements made about them by their issuers are not vetted or verified by PrimaryMarkets. Investing in securities in private or unlisted companies and Funds is speculative and involves a high degree of risk. The investor must be prepared to withstand a total loss of their investment. We strongly encourage the investor to seek independent financial, professional or investment advice before investing in securities. The presence of an investment opportunities on this site should not be interpreted as an implied endorsement of it by PrimaryMarkets. Some content provided may constitute a summary or extract of another document. Past performance does not necessarily indicate future performance. The content on this site was current as at date of initial publication but may not be current as at the date of your viewing. For a more complete understanding of all the terms and conditions of your use of this site click here.

Want to learn more?

Fill in the expression of interest form below

window.lintrk('track', { conversion_id: 14400772 });