from the preso - reasons for raising•The purpose of the capital...

from the preso - reasons for raising

•
The purpose of the capital raising is to ensure that Tox Free Solutions is well funded for the significant pipeline of growth, including:
–
the recent award of the Toll / Gorgon Barrow Island contract;
–
expansion of the facilities at Karratha; and
–
potential bolt-on acquisition opportunities
•
In addition, the Company is currently tendering for a number of other contracts –the proceeds of the capital raising