Announcements for C1045
DateTypeDetails
25/5/2015 Announcement
Capital Raised
Funding Strategy Acheived (Update)
Announced on 30/11/2014
Listing Status changed to Active
Equity Capital Raised: $0
Debt Capital Raised: $500,000
Valuation at success: $ 2,000,001 - $ 2,500,000
Provider type is: Bank

This announcement is solely for the purpose to correct the "Date of Occurrence" of 30/1/2014 to 30/11/2014; being 30th November 2014 for the successful placement of $500K of debt by CBA.
25/5/2015 Announcement
Capital Raised
Funding Strategy Acheived
Announced on 30/1/2014
Listing Status changed to Active
Equity Capital Raised: $0
Debt Capital Raised: $500,000
Valuation at success: $ 2,000,001 - $ 2,500,000
Provider type is: Bank

The co-founder of the company successfully raised debt funding from CBA to underwrite the acquisition of the remaining 50% shares in the company and support future working capital to fund expansion plans. The indicative valuation is based on a number of strategic benefits post the acquisition of shares and restructure.