SHARE PURCHASE PLAN CLOSED 25 SEPTEMBER 2014 Bluechiip Limited...

SHARE PURCHASE PLAN CLOSED 25 SEPTEMBER 2014 Bluechiip Limited [ASX:BCT] (‘Bluechiip’ or ‘the Company’) is pleased to announce the Share Purchase Plan (SPP) raised $763,000. Bluechiip will issue 7.63 million shares at $0.10 per share to the SPP subscribers. Bluechiip’s CEO, Dr Jason Chaffey, commented on the successful closing of the SPP, “This is a very exciting time for Bluechiip and we are pleased by the shareholder support for the Company. Set against the most recent client reference sales to Taylor‐Wharton Australia and the Wesley Research Institute as well as the first phase completion of the co‐development program with Micronic BV, Bluechiip is well placed to take advantage of the increasingly recognised opportunity in MEMS technology.” The combined proceeds of the SPP and the earlier Placement (completed on 8 September) have raised a total of $1.86m. The funds will be used to fund working capital requirements of sales support and business development activities. The SPP was announced on 8 September 2014, opened on 11 September 2014 and closed on 25 September 2014. Quotation of new shares issued under the SPP is expected to occur on 3 October 2014.