CKA 9.33% 8.2¢ cokal limited

Ann: Response to ASX Appendix 5B query, page-201

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  1. 377 Posts.
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    Sorry SJ, No. The prospectus clearly details various Proposed issue of Shares:
    Domain issue price is based on 5dayVWAP AFTER CKA receives the funds. Placement on 10 & 11 Jan. were for working capital purpose (as stated in the 3B) otherwise it would have been stated that it was part of the Domain issue.
    Aahana gets shares issued specifically at 3.2c, not Domain (unless by a great stroke of coincidence) or investors via the $2m placement facility.

    The Company anticipates the potential need to issue the following Shares during the Offer Period.
    (a)Issue of Shares approved at General Meeting held on 21 September 2018:
    (i)Issue of 5,000,000 Shares to a consultant for advisory services provided tot he Company (Consultant Shares);
    (ii)Issue of Shares to Domain International Holdings Limited or its nominee/s tothe value of $2,000,000 on receipt of funds, to be priced at a 10% discountto the 5 day volume weighted average price for the 5 trading days after receipt of the funds by Cokal (Domain Shares);
    (iii)Issue to Aahana Global Resources & Investment Pte Ltd or its nominee/sShares up to the value of $1,000,000, at an issue price of $0.032 on receiptof funds (Aahana Shares);
    (iv)Issue of Shares to institutional and sophisticated investors up to the valueof $2,000,000 at a minimum issue price that is at least 90% of the volumeweighted average market price for Shares, calculated over the last 5 dayson which sales in the Shares were recorded before the day on which theissue is made (Placement Shares); and
    (v)Issue of 1,245,031 Shares to the CEO in accordance with the terms andconditions of his employment agreement (CEO Shares




 
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8.2¢ 254179 3
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