IMEXHS LIMITED — Capital/Financing Update 2019

Oct 30, 2019

ASX ANNOUNCEMENT

COMPANY ANNOUNCEMENT

Notice Under Section 708A of the Corporations Act

SYDNEY — 31 October 2019 — This notice is given by IMEXHS Limited (“Issuer”) under section 708A(5)(e) of the Corporations Act 2001 (Cth) (“Act”) .

The Issuer on 31 October 2019 issued 125,000,000 shares at an issue price of $0.04 per share in accordance with the terms of a placement announced to the market on 24 October 2019 (“Issued Shares”).

Pursuant to section 708A(5)(e) of the Act, the Issuer gives notice that:

• a) the Issued Shares were issued without disclosure to investors under Part 6D.2 of the Act;

• b) as at the date of this notice, the Issuer has complied with:

  • I. the provisions of Chapter 2M of the Act, as they apply to the Issuer; and

  • II. section 674 of the Act; and

• c) as at the date of this notice, the following information is ‘excluded information’ within the meaning of sections 708A(7) and 708A(8) of the Act, which is required to be disclosed under section 708A(6)(e) of the Act:

The Issuer is in advanced discussions with Qvartz Financial Services SAS for the provision of an additional loan tranche of US$500,000 for funding requirements for the Colsubsidio contract. The additional funding was offered by Qvartz in a letter signed in July 2019. The terms of the first tranche of funding and the offer of the additional tranche were announced on the ASX on 31 July 2019. The terms of the additional tranche are expected to be the same as those applying to the first tranche, with funding arrangements to be finalised over the next two to three weeks.

Yours faithfully

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Peter Webse Company Secretary

ENDS-

For more information, please contact: Australian Media and Business Enquiries

Investor Relations

Tom Pascarella - Chairman Michael Brown - CEO IMEXHS Limited Pegasus Corporate Advisory M: +61 (0)407-890-933 M: +61 (0)400-248-080 E: tom.pascarella@allenpartners.com.au E: mbrown@pegasusadvisory.com.au

IMEXHS Limited ACN 096 687 839 122 O’Riordan Street, Mascot NSW 2020 Tel: +61 2 9030 0040

ABOUT IMEXHS

IMEXHS Limited [ASX: IME] is a leading imaging Software as a Service (SaaS) and ancillary solutions provider. Founded in 2012, IMEXHS is known for its innovation in the imaging services market, offering flexible and scalable imaging solutions via its Hiruko branded suite of solutions for next generation Picture Archiving and Communications System (PACS) and integrated Radiology Imaging System (RIS). The Hiruko system is completely cloud based, vendor neutral and zero footprint with no need for installed software. Enhanced features such as a fully web-based voice recognition option and a zero footprint DICOM viewer are some of its advanced features. In addition to PACS and RIS, imaging technology and management systems can be provided on a Platform as a Service (PaaS) basis when packaged with equipment. The IMEXHS products are designed to increase productivity and save money for the users, with a scalable platform that is configured for the future, while enhancing patient outcomes. Please see www.imexhs.com

IMEXHS Limited ACN 096 687 839 122 O’Riordan Street, Mascot NSW 2020 Tel: +61 2 9030 0040