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extracted from prospectus:

3.8 Entitlement issue of options to Shareholders
It is proposed that an entitlement issue of options will be made to all Shareholders
approximately 1 month after the commencement of trading of the Company’s Shares on the
ASX (the final date will be announced by the Company to the ASX). It is proposed that all
Shareholders registered on the applicable entitlement date will be entitled to participate in a
non-renounceable entitlements issue of options on the basis of one option for every two Shares
held. The options will have an exercise