The Company is pleased to advise the results of its non-renounceable pro-rata rights issue (ASX release 30 January 2023) that closed at 5:00pm (AEDT) on 20 February 2023.

The total amount raised (before costs) was $2,809,701 from acceptances of 936,566,912 new shares at an issue price of $0.003 per share, representing an approximate 63.2% take-up (including oversubscriptions).