Rights Issue Prospectus
For the offer of:
Pro-rata non renounceable one (1) for three (3) rights issue of up to approximately 20,937,802 New Shares at an issue price of A$0.05 per New Share, with one (1) free attaching New Option for every two (2) New Shares subscribed, to raise up to approximately A$1.04 million;
The offer of any Shortfall in respect of the Rights Issue Offer; and
Approximately 4,500,000 Placement Options on the basis of one (1) free attaching Placement Option for every two (2) Shares subscribed for by Placement Participants under the Placement.
LEAD MANAGER - PAC PARTNERS
CLOSING DATE: 5.00pm Adelaide time on 17 June 2019
This is an important document. If you do not understand it, or are in doubt as to how to act, you should consult your financial or other professional adviser. The securities offered pursuant to this Prospectus should be considered a speculative investment and potential investors should refer to section 6 for details concerning the risk factors.