Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%
Lithium
44.17
(1.13%)
Gold
2,667.20
0.2%
Copper
4.21
1.74%
Oil
69.00
1.23%
Bitcoin
95,739.68
(0.12%)
FTSE 100
8,363.60
0.61%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,709.19
(0.13%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.07%)
Hang Seng
19,746.32
0.82%

Adveritas (ASX:AV1) raises $2.5 million via strongly supported placement

Adveritas Limited (ASX:AV1) Placement Announcement


Adveritas Limited (ASX:AV1) has successfully raised $2.5 million through a share placement, issuing 50,000,000 new fully paid ordinary shares at 5 cents per share. The placement was strongly supported by existing long-term shareholders and new sophisticated and professional investors. The raised capital will be used to focus on achieving profitability, continued global growth, key product enhancements, development of client-driven features, and streamlining the onboarding process for enterprise clients.

Executive Commentary on Placement


Mr Mathew Ratty, Co-founder & CEO, expressed gratitude to long-term shareholders for their support and welcomed new investors. He highlighted the strengthened cash balance, focus on the US gaming and betting market, and commitment to financial discipline to enable Adveritas to continue its growth trajectory. Mr Joshua Lowcock, Non-Executive Chairman, emphasized the requirement for additional cost control and financial discipline measures to drive profitable growth from US-based clients in key strategic verticals.

Summary of Adveritas Placement Announcement


Adveritas Limited (ASX:AV1) has successfully raised $2.5 million through a strongly supported share placement, with the proceeds to be used for sales and marketing initiatives in the USA, key enhancements to the TrafficGuard products, development of new product features, and streamlining onboarding processes for enterprise customers. The placement will support the company's focus on achieving profitability and continued global growth, particularly in the US gaming and betting market. The settlement of the placement is expected to occur in two tranches, with Tranche 1 expected around 15 December 2023 and Tranche 2 in April 2024 following shareholder approval at a meeting in late March 2024.

0 Comments
Inline Feedbacks
View all comments
Social Media Auto Publish Powered By : XYZScripts.com

Stock Piper AI Index Coming Soon!

Join our Newsletter to gain exclusive insight and be notified once we are live.

By clicking Subscribe, you agree to our Terms & Conditions

ASX News, First And Fast.

Get all the latest market updates straight to your inbox.

By clicking Subscribe, you agree to our Terms & Conditions