Placement of 17.9 million new fully paid ordinary shares in the Company (“New Shares” at the Offer Price at A$0.42 per New Share to raise gross proceeds of A$7.5 million (“Placement” or “Offer”
Participants in the Placement will receive one (1) free attaching option for every two (2) New Share allocated, exercisable at A$0.60 and expiring on 15 December 2025 (“Attaching Options”
The Offer is not underwritten & the Company reserves the right to accept oversubscriptions for up to an additional A$2.5 million
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