Entitlement Offer Prospectus
Perth, Oct 30, 2015 AEST (ABN Newswire) - Fully underwritten non-renounceable pro-rata entitlement offer to Eligible Shareholders on the basis of 1 New Share for every 7 Shares held at the Record Date at an issue price of A$0.15 per New Share, together with 1 free attaching New Option for every 1 New Share subscribed for under the Entitlement Offer to raise approximately A$1,007,875 before costs.
If the Offer is oversubscribed or Fertoz receives interest from third party investors, Fertoz may, in its absolute discretion, raise up to an additional $840,000 under the Discretionary Placement.
The Entitlement Offer closes at 5pm (AEDT) on Tuesday 24 November 2015. Valid applications and payment must be received before that time.
The Entitlement Offer is fully underwritten by Blackwood Capital Pty Limited.
To view the prospectus, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-FTZ-888757.pdf
About Fertoz Ltd
Fertoz (ASX:FTZ) is an Australian-based phosphate exploration and development company with a range of projects in British Columbia, Canada as well as Queensland and the Northern Territory. The Company is focused on becoming a fertiliser producer as quickly as possible, initially focusing on the Canadian/USA markets.
Fertoz plans to develop its exploration assets in Canada in order to identify any potential Direct Shipping Ore (DSO) projects. It intends to seek joint venture partners to assist in funding the exploration projects in Australia.
Phosphate is a commodity necessary for feeding the world, and Fertoz is ready to capitalise on this growing demand.
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