Ann: Supplementary Prospectus, page-8

The reason for this Second Supplementary Prospectus therefore is to update the information contained in the Prospectus (as amended by the First Supplementary Prospectus) and to introduce a new offer of Options to participants in the Second Placement.
The new offer is for 53,125,000 Options to participants in the Second Placement, on the basis of one Option for every two Shares subscribed for and issued to the participants in the Second Placement (Second Placement Offer). No funds will be raised under the Second Placement Offer as the funds have been received from those investors as consideration for the Shares issuable to those investors.
The offer for the Options under the Second Placement Offer is being included in the Prospectus so that the relief provided under ASIC Corporations (Sale Offers That Do Not Need Disclosure) Instrument 2016/80 with respect to the on-sale provisions of section 707 of the Corporations Act is available to all of the Options that will be on issue in the Company and being traded on ASX. This means that all Options will have been issued under a disclosure document.
The material amendments to the Prospectus outlined in section 2 below should be read in conjunction with the Prospectus and the First Supplementary Prospectus.