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REMSENSE TECHNOLOGIES LIMITED Capital/Financing Update 2024

Mar 5, 2024

65684_rns_2024-03-05_0fadef8f-7301-4e8c-85fa-9d847755ebb7.pdf

Capital/Financing Update

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ASX Announcement- REM 6 March 2024

ENTITLEMENTS ISSUE SHORTFALL CLOSING DATE

On 13 December 2023 RemSense Technologies Limited (“RemSense”) advised that the Entitlements Issue announced on 11 November 2023 had closed, with a shortfall of $1,653,431. The Company advised that it would seek to place the shortfall, with a period of 3 months after the offer closing date of 11 December 2023 to place shortfall.

The shortfall offer comprises 1 share for an issue price of 2 cents plus a 1:2 free attaching option exercisable at 4 cents on or before 9 November 2026.

The Company advises that applications for shortfall will close at 5 pm on 8 March 2024.

Any shareholder or potential investor wishing to subscribe for shortfall should contact the Company Secretary on 0412902477 or at [email protected].

This release is authorised by the board of the company.

David McArthur Company Secretary 0412902477

Suite 173, 580 Hay St Perth WA 6000| +61 8 6118 5610 | [email protected] ACN 648 834 771