Ann: WOA Launch Placement and Priority Offer, page-24

Hope this helps -- but go back to 2 March 2023 announcement

ASX Announcement Thursday, 2 March 2023
WOA secures $12 million financing with
National Australia Bank
HIGHLIGHTS
• WOA has secured debt facilities with National Australia Bank (NAB) for up to AUD $12
million
• Deal represents measurable progress of a stacked financing strategy for current and
future capital projects
• Working Capital Financing of AUD $4 million including Inventory and Invoice financing
• Up to AUD $8 million available for project-based debt related to carbon neutral and
domestic production of plant-based beverages in Australia
• WOA expects to produce a line of Buntine Protein® enhanced oat milk domestically and
will provide detailed plans by the end of the fiscal year.
Wide Open Agriculture Limited (ASX: WOA) (“WOA” or the “Company”) is pleased to announce that it
has secured a financing agreement with National Australia Bank (ASX: NAB, “NAB”) to support the
Company’s growth objectives to manufacture plant-based beverages in Australia. The agreement
includes access to debt financing for up to AUD $12 million. Financing consists of:
• $8 million Corporate Markets Loan (CML), which can be deployed towards domestic production
of oat milk. This includes Dirty Clean Food Oat Milk as well as the Company’s upcoming line of
plant-based beverages combining oat milk and Buntine Protein®
• $1.5 million Overseas Bills Purchased Facility (overseas invoice finance)
• $1.0 million Trade Refinance Facility (inventory finance)
• $1.5 million Invoice Finance Facility (domestic invoice finance)