Controlled Placement Agreement


The agreement provides that Specialty Metals Investments LLC (SMI) has subscribed up to $2 million in Altech shares and also provides for an additional investment of up to $981,000, subject to shareholder agreement According to the agreement, there is no requirement for Altech to use the CPA, and if so, it has full control over all aspects of the spacing process. The company recently entered into a share purchase agreement with a specialized U.S. institutional investor that will provide up to $2.98 million. Northern Cobalt is pleased to announce the implementation of a Controlled Investment Agreement (CPA) with Acuity Capital, which will provide up to $2 million in custody capital by December 31, 2020. As collateral for the CPA, N27 has agreed to place 2,500,000 fully paid common shares in zero return on Acuity Capital (Collateral Shares) in accordance with the listing rule 7.1placement capacity of N27. The company may at any time terminate the CPA and buy collateral Shares for zero for compensation (subject to shareholder agreement). The agreement includes the issuance of 6.66 million shares in Acuity at a price of 4.5 cents per share slightly higher than the closing price of the company`s May 1 shares traded on ASX and a 13% discount on the 15-day VWAP of 5.1 cents per share. In accordance with the provisions of the CPA, N27 retains full control over all aspects of the investment process: at its sole discretion, whether the CPA is used or not, the quantum of the shares issued, the minimum price of issuance of the shares and the date of each investment tranche (if any). In addition, as part of its ASX Listing Rule 7.1, Altech issued 264,914 shares for various services provided to a consulting group. . The company will also have the flexibility to use all other methods or capital raising agreements as long as the CPA is in place and can terminate the CPA at any time free of charge. There is no requirement for N27 to use the CPA and the company can terminate the CPA at any time with a period of 5 working days, without fees or penalties. Acuity Capital and the CPA do not at any time limit restrictions on obtaining capital through other methods.

The funds will be used primarily for Altech`s ongoing operations, which aim to position the company`s high purity alumina (HPA) project for more stable financial markets and expected stimulus measures depending on the COVID 19 situation. The Inca also explores the Northern Territory and Queensland. “Whether in Peru or the Outback of Australia, our goal is to find economic deposits in Level 1,” says Inca`s Managing Director. “We focus on copper-copper gold porphyry deposits, copper and zinc deposits, and copper-gold iron ore deposits.” Inca also knows the value of partnering with large mining companies as a way to conduct highly effective and substantial exploration. The ultimate goal is to make discoveries and generate shareholder assets. The company wants to become one of the world leaders of 99.99% (4N) of aluminum oxide (Al2O3) by building and operating an HPA processing plant in Johor, Malaysia. Altech Chemicals Ltd (ASX:ATC) secured 300,000 $US in the first use of the Controlled Placement Agreement (CPA) established with Acuity Capital. April 9 (Reuters) – G Medical Innovations Holdings Ltd: Our Standards: The Thomson Reuters Trust Principles. The funds raised will be used to cover business costs, including the company`s ongoing European initiatives. ACUITY CAPITAL TO INCREASE MAXIMUM AMOUNT OF CAPITAL AVAILABle UNDER CPA BY ADDITIONAL 5 MILLION CODE SOURCE FOR EIKON: Other corporate coverage: UTILISED ITS CONTROLLED PLACEMENT AGREEMENT WITH ACUITY CAPITAL TO RAISE 1.475 MILLION . If the CPA expires or is terminated by Altech, Altech`s collateral shares may be returned without consideration.

The CPA is providing Altech with up to $10 million of standby capital by January 2023.