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AVA RISK GROUP LIMITED Capital/Financing Update 2021

Sep 16, 2021

64466_rns_2021-09-16_715d03c4-db26-4a66-9a99-db068484b50b.pdf

Capital/Financing Update

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17 September 2021

ASX ANNOUNCMENT – CLEANSING NOTICE

Notice pursuant to Section 708A(5)(e) of the Corporations Act

This notice is provided by AVA Risk Group Limited ( AVA ) for the purposes of Section 708A(5)(e) of the Corporations Act 2001 ( Corporations Act ).

AVA today issued 3,000,000 fully paid ordinary shares ( Shares ) pursuant to exercise of Options. It is noted that a total of $600,000 was received by the Company in consideration for the Shares. These funds will be applied to general working capital.

For the purposes of Section 708A(5)(e) of the Corporations Act, the Company gives notice of the following in respect of Shares:

  1. The Shares were issued without disclosure to investors in accordance with Part 6D of the Corporations Act.

  2. The Company, as at the date of this notice, has complied with:

    • (a) the provisions of Chapter 2M of the Corporations Act as they apply to it; and

    • (b) Section 674 of the Corporations Act.

  3. There is no excluded information, as defined in sections 708A(7) and 708A(8) of the Corporations Act, as at the date of this notice.

This notice is authorised for release by the Board of Directors.

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Kim Clark Company Secretary Phone +61 448 690364

About the Ava Group

The Ava Group is a market leader in the provision of risk management services and technologies, trusted by some of the most risk conscious commercial, industrial, military and government clients in the world.

The Group features a range of complementary solutions including Future Fibre Technologies (FFT) for intrusion detection for perimeters, pipelines and data networks, BQT Solutions (BQT) for biometric and card access control as well as AVA Global for secure international logistics and storage of high value assets.

Through decades of innovation, the Ava Group continues to build upon a comprehensive portfolio of premium services and technologies for the most complex and demanding markets.