AIY 0.00% 3.0¢ authorised investment fund limited

May 18 (Reuters) - Authorised Investment Fund Ltd (AIY) :...

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    May 18 (Reuters) - Authorised Investment Fund Ltd (AIY) :

    • Company has reached an agreement in principle with peter j. sterling
    • Says serial funds required for the project are expected to amount to around

      $2 million

    • Says new Australian company will be formed with aiy as a 20% owner of the

      project

    • Says agreement will result in aiy having a 20% interest in the hi-tech

      research and development project

                        
 
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Currently unlisted public company.

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