Ann: Trading Halt, page-11

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Meaning of "Material" Capital Raising

A capital raising is considered "material" when it meets the following criteria:

1. Significant Size: The amount being raised is substantial relative to the company's market capitalization or existing capital structure
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2. Impact on Shareholders: It has the potential to significantly dilute existing shareholders' ownership if they don't participate
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3. Financial Impact: The raised funds are expected to have a notable effect on the company's financial position or operations
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4. Market Sensitivity: The information about the capital raising is likely to influence investors' decisions to buy, sell, or hold the company's securities
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