Ann: Completion of A$23M Capital Raise, page-3

SUMMARY

• Heavily oversubscribed placement to raise A$23 million with strong interest from new and existing Australian domestic and Asian institutional investors
• 115,000,000 shares to be issued at A$0.20 per share, representing a 10.9% discount to the 10 day VWAP of A$0.2244 per share
• Funds will be utilised for international expansion, including a large potential global distribution arrangement proposed to span 100+ new markets for Buddy Ohm.