A Share Purchase Plan (SPP) is a capital raising structure that allows listed companies to issue up to $30,000 of new shares to each existing shareholder.
Existing shareholders have the opportunity to purchase new shares in the company at an issue price of $0.105 without incurring brokerage costs.
Eligible Shareholders may each apply for a maximum of $30,000 worth of Shares and a minimum of $5,000 worth of Shares under the Plan.
Shareholders will have ~4 weeks from when the Offer Booklet is released to participate in the offer. In order to complete an application, investors must use the link below or complete the application form, funds are required alongside an application for it to be processed.
Once the offer has closed the Company will announce the results and issue new shares to eligible participants.
