Jan 24 (Reuters) - Algae.Tec Ltd AEB.AX :
* Asx alert-mou, capital raising and potential joint venture-aeb.ax
* Has raised a potential gross amount of up to usd1.5 million
* parties have also signed agreements to explore application of company licensed technology for middle east region
* should conditions precedent be met, parties intend to enter into a jv regarding development of a facility in middle east region Source text for Eikon: Further company coverage: AEB.AX