A$2.75M Placement

• Firm commitments received for a Placement of new Shares at $0.01 per Share to raise gross proceeds of $2.75 million (before costs). • Strong support from new and existing institutional, professional and sophisticated investors and Directors of the Company. • CR3 substantial shareholder Mr Jose Luis Manzano will invest $0.72 million in the Placement to move his total shareholding to 19%. Mr Manza