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ORCODA LIMITED — Capital/Financing Update 2012
Oct 10, 2012
65482_rns_2012-10-10_0d35b802-6579-4564-9892-591bc9407e73.pdf
Capital/Financing Update
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11[th] October 2012
Placement to fund marketing and promotion of mobile telephone lottery and software applications in China
SmartTrans Holdings Limited ( SmartTrans ) announces that it is in the process of making a placement of 43,000,000 shares at 0.7c each to sophisticated and exempt investors to raise gross funds of $301,000 ( Placement ). The Placement funds will be applied to working capital, and to:
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marketing and promoting SmartTrans’ MyLife suite of mobile telephone software applications and mobile lottery services in China;
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marketing of SmartTrans application distribution sites and lottery and sports betting sites including: www.mylife365.cn; www.mylifeonlione.cn and www.mycaipiao.cn; and
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other projects under contemplation with China Mobile including the distribution of mobile telephone software and applications both in China and in other markets.
___________________ For further information:
Bryan Carr Director SmartTrans Australia 0412 111 968 China +86 138 1188 8401
Beijing Melbourne Sydney P erth 6th Floor, West Tower, Level 7 G.05 Suite 3, Level 1 Prosper Center 11 Queens Road 55 Miller St 614 Newcastle Street 5 Guanghua Road MELBOURNE PYRMONT LEEDERVILLE BEIJING CBD, 100022 VIC 3004 NSW 2009 WA 6007 Ph: +86 (010) 8573 1101 Ph: (03) 9866 7333 Ph: (02) 9660 4564 Ph: (08) 9228 1199