SKIN ELEMENTS LIMITED — Capital/Financing Update 2021

Aug 30, 2021

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31 August 2021

New Placement raising $1.84 million

Australian natural skin care company Skin Elements Limited (ASX: SKN) (the ‘ Company ’) is pleased to advise that it has raised $1.84 million in cash working capital to fund its stated business plans including the launch of is new TGA registered Invisi Shield SuprCuvr hospital grade disinfectant.

The Company now proposes to issue 23,000,000 ordinary fully paid shares for $1,840,000 in cash (before costs) in a private placement to sophisticated investors under the Company’s ASX Listing Rule 7.1A placement capacity.

An Appendix 3B in relation to this share issue has been lodged separately, and an Appendix 2A application and Cleansing Prospectus will be lodged in relation to the placement once the shares have been issued.

This announcement is approved by the Board of directors of Skin Elements Limited.

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For further information, please contact:
Peter Malone	Media and Investor Inquiries
Executive Chairman	James Moses
Skin Elements Limited	Mandate Corporate
T: +61 439 430 770	T: +61 420 991 574
E: peter@skinelementslimited.com	E: james@mandatecorporate.com.au

About Skin Elements

Skin Elements is an award winning Australian owned and operated ASX-listed skin care company focused on the development of natural and organic skin care products. Skin Elements innovative approach to organic chemical free products has enabled the creation of a portfolio of products that have been sold and distributed across the world. Its flagship products include Invisi-Shield Organics natural alcohol-free sanitiser range, Soléo Organics 100% natural and organic sunscreen, PapayaActivs natural therapeutics skincare, and Elizabeth Jane Natural Cosmetics brand.

Further information is available via the Company website: http://skinelementslimited.com

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