1.2 Purpose of this Prospectus The purpose of this Prospectus is to comply with section 708A(11) of the Corporations Act to remove any trading restrictions that may have attached to Shares issued or to be issued by the Company on or prior to the Closing Date of the Cleansing Offer (including the Shares referred to in Section 1.1) so that the holders of those Shares, if they choose to, may sell those Shares within the twelve months following their issue, without the issue of a prospectus. The Company did not issue the Shares with the purpose of the persons to whom they are issued selling or transferring the Shares, or granting, issuing or transferring interests in, or options over, the Shares within twelve months of the issue, however this Prospectus provides them with the ability to do so should they wish. The Company is seeking to raise only a nominal amount of $100 (before costs) under this Prospectus and, accordingly, the purpose of this Prospectus is not to raise capital.
AEV Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
