Emu NL

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$1.45 million total capital raising initiative comprising of:

$250k placement to sophisticated and professional investors

3:5 Fully Underwritten, Non-Renounceable Rights Issue to raise up to $1.2 million

Issue price for placement and Non-Renounceable Rights is $0.025

Martin Place Securities (MPS) appointed as lead manager to placement and fully underwritten Rights Issue

Funds to be used primarily for Fiery Creek exploration activities in North Queensland