Under the Underwriting Agreement,
the Company has agreed to:
(a) pay Hartleys a lead manager fee of up to 6% of the amounts underwritten;
(b) issue to Hartleys (or its nominee) 5,000,000 New Shares and 100,000,000 New Options. Hartleys will direct 50,000,000 of the 100,000,000 New Options are issued to Morgans Corporate Limited.
