Avenira (ASX: $AEV) Cleansing Offer Key Facts

Avenira Limited (ASX: $AEV) is offering up to 100,000 new shares at an issue price of A$0.008 per share as part of a Cleansing Offer. The offer is primarily aimed at removing trading restrictions on certain shares issued by the company. The Prospectus, dated 5 April 2024, outlines the terms of the offer and provides important information for potential investors.

Executive Commentary on Cleansing Offer

The Company has undertaken the Cleansing Offer to facilitate secondary trading of certain shares and to remove any trading restrictions. The offer is a speculative investment, and prospective investors are advised to carefully consider their personal circumstances and the risks associated with the investment. The Company does not guarantee returns on the capital invested, payment of dividends, or an increase in the value of the new shares. The Prospectus provides detailed information on the risks, the company's financial position, and the purpose of the offer.

Summary of Avenira (ASX: $AEV) Cleansing Offer

Avenira Limited (ASX: $AEV) is offering up to 100,000 new shares at A$0.008 per share through a Cleansing Offer to remove trading restrictions on certain shares. The offer is highly speculative, and the company does not guarantee returns on the capital invested, payment of dividends, or an increase in the value of the new shares. Potential investors are advised to carefully review the Prospectus and consider the associated risks. The company's financial position, future capital requirements, and the impact of fluctuating commodity prices are highlighted as key considerations for prospective investors.