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REMSENSE TECHNOLOGIES LIMITED — Capital/Financing Update 2025
Aug 3, 2025
65684_rns_2025-08-03_f271299f-b9bd-4cad-8d9e-40f39f0ca455.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
4 August 2025
REMSENSE CAPITAL RAISING
RemSense Technologies Limited ( ASX:REM ) ( RemSense or the Company ) is pleased to advise that it has agreed to place 27,800,000 fully paid ordinary shares at an issue price of $0.027 to raise $750,600 (before costs). Applicants for the capital raising will also receive a free-attaching option on a basis of one option for every two shares applied for. These options will be exercisable at $0.04 on or before 9 November 2026. The funds raised will enable the Company to advance its virtualplant research and development initiatives, ISO 27001 certification and for working capital purposes.
The capital raising has been managed by Liquidity Technology Pty Ltd ( Liquidity ) and securities are being issued to sophisticated and professional investor clients. The raise will be completed pursuant to the Company’s available Listing Rule 7.1 and 7.1A placement capacities.
Subject to shareholder approval, the Directors of the Company will apply for $37,500 as part of the placement, equivalent to 1,388,886 shares and 694,443 free-attaching options.
Liquidity will receive a fee of 6% for all funds raised (being $45,036 plus GST). Liquidity or their nominee(s) will be issued 5 million options on the same terms as the free-attaching options identified above. The issue of options to Liquidity or their nominee(s) will be subject to shareholder approval.
Managing Director, Warren Cook commented:
“ We are pleased with the strong interest shown in this capital raise, which reflects growing investor confidence in our vision and momentum. These funds will allow us to accelerate the evolution of our virtualplant platform and progress our compliance with the evergrowing cybersecurity requirements (ISO 27001 certification) as we convert a robust pipeline of Tier 1 client opportunities into long-term value. With established relationships across clients such as Chevron, Woodside, and Newmont, we continue to see promising opportunities to extend our technology into broader applications. While we remain mindful of market conditions, our focus remains on disciplined execution and delivering value through strategic, long-term engagements ”
This announcement was authorised for issue by the Board of Directors of the Company.
Jordan McArthur
Company Secretary
Suite 0101, Level 1, 5 Mill St Perth WA 6000| +61 8 6118 5610 | [email protected] ACN 648 834 771