An offer of a minimum of 30,000,000 fully paid ordinary shares in the capital of the Company (Shares), at an issue price of $0.20 per Share, to raise $6,000,000 (before costs) (Minimum Subscription) and up to a maximum of 35,000,000 Shares at an issue price of $0.20 per Share to raise $7,000,000 (before costs) (Maximum Subscription), with one (1) free-attaching Series A Option for every five (5) Shares subscribed for (Public Offer).

The Prospectus also incorporates the following additional offers:

(a) an offer of 1,000,000 Shares and 2,569,156 Series A Options to the Lead Manager (or its nominees) as pursuant to the Lead Manager Mandate (Lead Manager Mandate); and

(b) an offer of 13,850,000 Series A Options to Eranki Investments (Australia) Pty Ltd (or its nominees) (Founder Options Offer).