The Company is seeking to raise approximately A$5.5 million through the issue of new fully paid ordinary shares in the Company (“New Shares”) at A$0.36 per New Share (“Placement” or the “Offer”)· In addition to the Placement, the Company intends to undertake a non-underwritten Share Purchase Plan (“SPP”) to raise up to an additional ~A$2.5 million, on the same terms as the Placement (including Options)· The Company reserves right to accept oversubscriptions of up to an additional A$1.5 million· New Shares will be issued in a single tranche under the Company’s Listing Rule 7.1 & 7.1A placement capacity· The Placement is not underwritten· Winsome will issue one (1) unlisted free attaching option (Option) for every two (2) New Shares issued pursuant to the Placement. The Options will be exercisable at A$0.54 with an expiry date 2 years from the date of issue
WR1 Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
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