New Zealand-based craft brewer Moa has confirmed that is will be fulfilling its plan to list on the NZX in an effort to raise millions of dollars.

The company id reporting that the money will be used to expand its Blenheim brewery

The shares are to be initially offered at NZ$1.25 each and will be on offer to the public from October 19 until November 8 2012, with trading expected to begin on November 13 2012. The minimum application is for $1,500 worth of shares.

The response has apparently been positive so far, with Moa set to become NZ’s first locally listed brewer since 2009 when Lion was delisted post its absorption by Kirin, the Japanese brewer.

Moa is currently on sale in NZ, Australia, 32 states in the US, Finland, China, Singapore, Cambodia and Vietnam – an export business that is growing at, apparently, 200 per cent year on year.

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