Under the terms of the Entitlement offer, only the shareholders of the company with a registered address in Australia or New Zealand (Eligible Shareholders) will be invited to subscribe for one (1) new fully paid ordinary share for every one (1) share held by Eligible Shareholders on Friday, 7 July 2017 (Record Date) at an issue price of 1.5 cents ($0.015) per Share (Entitlement).