Offer Details
- Minimum A$15,000,000 at $0.041 per share (single tranche):
- A discount of 24.1% to last close of $0.054; and
- A discount of 25.0% to the 15-day VWAP of $0.0544.
- Participants in the Placement will receive a 1-for-2 attaching Option (“Option” exercisable at 6, expiring 2-years from the date of issue. It is the Company’s intention to list the Options on the ASX after the issue has been approved at a general meeting of shareholders
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