Ann: Successful $16.2 Million Placement and SPP Offer, page-2

Participants in the new share issues pursuant to the Placement and the SPP will also receive three (3)
new options for every four (4) shares subscribed (“New Options”).2 New Options are intended to be
listed subject to satisfying the quotation requirements of ASX and will have an exercise price of A$0.30
and expiry of two (2) years. Approximately 67.7m options are anticipated to be issued in connection
with the Placement and up to 8.3m options through the SPP.

well guess at least S/H will be able to take part in a 2mill raise ..never seen such large free opts usually 1:2 opts to CR shares