Non-Renounceable Pro-Rata Options Rights Issue

A non-renounceable pro-rata rights issue of 4 new options (New Options) for every 5 shares held at the Record Date at an issue price of $0.005 (0.5 cents) per New Option, to raise approximately $2.45 million before costs of the issue (Rights Issue). New Options have an exercise price of $0.028 (2.8 cents), expire 1 July 2023 and, upon exercise, entitle the holder to one fully paid ordinary share i