Prospectus - Rights Issue

A non-renounceable pro rata offer to Eligible Shareholders of up to approximately 27,726,922 New Shares at an issue price of 4 cents per New Share on the basis of one (1) New Share for every five (5) Existing Shares held, and 13,863,461 free attaching New Options on the basis of one (1) free attaching New Option for every two (2) New Shares subscribed for and issued, to raise up to approximately $