Exposure Period

In accordance with Chapter 6D of the Corporations Act, the Prospectus is subject to an exposure period of 7 days from the date of lodgement with the ASIC. This period may be extended by the ASIC for a further period of up to 7 days. The purpose of this exposure period is to enable examination of the Prospectus by market participants prior to the acceptance of applications and the raising of funds. That examination may result in the identification of deficiencies in the Prospectus and, in those circumstances, any application that has been received may need to be dealt with in accordance with section 724 of the Corporations Act. Applications for securities under the Prospectus will not be processed until after the expiry of the exposure period. No preference will be conferred upon applications received during the exposure period. All applications received during the exposure period will be treated as if they were simultaneously received on the date on which the offer period opens.

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