Ann: Trading halt, page-42

Here is the Peak email out, I am not able to participate but not a bad write up and also anticipates strong demand. Hope they don't go too far over the $5 million as will dilute the fudge out of the shares on issue if so.

New Peak Opportunity Beam Communications (ASX:BCC): @$0.44 with a 1:4 Option, Strike $1.00 & 2 year Expiry

Hi Chris, Peak is pleased to present its latest Placement Opportunity - Beam Communications (ASX:BCC) at $0.44 per share, with a 1:4 Option, Strike $1.00 and 2 year expiry. This represents an effective entry price of $0.428* which is a 21.35% discount to the 5 day volume weighted average price (VWAP) of $0.5442. Proceeds from the capital raise will be used to expand the initial launch of ZOLEO into Europe in early 2022 and provide Beam with optionality to consider strategic acquisitions. Beam Communications Holdings Ltd (ASX: BCC) is a profitable, Australian publicly-listed company that specialises in the design, development, manufacturing and distribution of satellite, cellular and dual-mode equipment, applications and services. The company boasts a partnership with $5.47 BN listed Iridium Communications Inc. (NASDAQ: IRDM). Beam’s primary business remains focused on the development and sales of innovative portable satellite communication devices globally. ZOLEO Inc., formed in 2018, is a joint venture between the Company and Roadpost Inc. The continued increase in operating cash inflow was driven by a 48.3% increase in receipts from customers to $6.1 million in the quarter when compared to the same period last year. Beam received record quarterly orders for 33,980 ZOLEO devices from its joint venture entity. ZOLEO Inc. Meanwhile, Beam’s SatPhone Shop business recorded a 47% jump in sales in 1QFY2022 when compared to the previous corresponding period (pcp), while sales of Beam-branded equipment increased by a third vs. pcp. As with every Peak Opportunity, we are co-investing alongside you. Here's why: Operating cash flow increased 260% in 1QFY22 vs 4QFY21 ANZ ZOLEO subscribers increased 28% even in the face of harsh lockdowns in its biggest markets (NSW, VIC and Auckland) Adopted by some of the world’s largest satellite and telecommunications companies, such as Iridium, Telstra, KDDI, Singtel, Inmarsat & Thuraya The only Australian company, and only one of seven worldwide, chosen by Iridium (NASDAQ:IRDM) who's market cap is $5.47 billion to develop the next generation of Iridium Certus® devices Shipment of Iridium GO! devices more than doubled vs. previous quarter and committed open orders stand at 15,000 units Impressive sales channel partners including Australia Post, Wesfarmers Catch Group and Kogan.com Growth in ANZ ZOLEO subscribers expected to reaccelerate as NSW and VIC emerge from lockdowns Cheap effective entry price of $0.428* representing a 21.35% discount to the 5 day volume weighted average price of ($0.5442) Peak Asset Management has been appointed Lead Manager to the Placement. To bid for stock and access the Term Sheetclick here. Please note: demand for BCC could be significant and you might not receive the full allocation you bid for. Regards, The Peak Team **The effective entry price is based on the Black-Scholes calculation with a 1% annual risk-free interest rate and a 60% annualised volatility. This opportunity is for Sophisticated and Professional investors only under s708 of the Corporations Act. If you do not meet these requirements, please disregard and destroy this email.

VIEW OPPORTUNITY

The trustee for Peak Asset Management Unit Trust (“Peak”) is a corporate authorised representative (#1249050) of Alpha Securities Pty Ltd (AFSL #330757). Peak accepts no responsibility for any views expressed and marketing material contained in this email except where the message specifically states otherwise and the sender is authorised to state them to be the views of Peak. Information provided in this email is general advise only and does take account your objectives, financial situation or needs. Before acting on any advice in this email, Peak recommends that you consider whether it is appropriate for your circumstances. If this email contains reference to any financial products, you should obtain the current Product Disclosure Statement (PDS) or other disclosure documents for the particular products and consider this information before making any decisions regarding the products. The Financial Services Guide (FSG) can be found at www.peakassetmanagement.com.au or by telephoning Peak on 1300 304 460