Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

TALIUS GROUP LIMITED Capital/Financing Update 2018

Sep 11, 2018

65893_rns_2018-09-11_acd1138f-fe01-4eff-a24b-f652fa98e9d0.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

==> picture [178 x 70] intentionally omitted <==

==> picture [203 x 64] intentionally omitted <==

ASX ANNOUNCEMENT 12 September 2018

ANTILLES (TO BE RENAMED HOMESTAY) RAISES $4M VIA SHARE PLACEMENT

HIGHLIGHTS

  • Antilles (to be renamed HomeStay) has received firm commitments to raise the maximum $4 million via the placement of 200 million shares at $0.02 per share

  • Proceeds will be used for platform enhancement, business development, Intelligent Home installation, and identification of new opportunities and markets

  • HomeStay has developed an Internet of Things platform providing technology enabled care to the aged care and disability sectors

Antilles Oil and Gas Ltd ( Antilles or the Company ) (to be renamed HomeStay Care Limited ( HomeStay )), a technology enabled care provider, has received firm commitments to raise the maximum $4 million ahead of re-listing on the Australian Securities Exchange (ASX).

Under the prospectus the Company will place 200 million shares at $0.02 per share to raise the maximum $4 million.

HomeStay – which is being 100% acquired by Antilles Oil and Gas Limited – was founded in 2016 with a vision to create a technological solution to enable elderly individuals to live independently.

Following raising $4 million, the Company will be in an improved position to enhance the HomeStay platform. Funds raised will also be used for business development, sales and marketing, intelligent home installation, hardware, on-going monitoring services, data management and analytics, operational costs and identification of new opportunities and markets.

For further details, please contact:

Damian Black

Non-Executive Director Antilles Oil and Gas Ltd

T: +61 8 6188 8181

About HomeStay

Through its proprietary Internet of Things platform, HomeStay provides elderly individuals with access to on-demand services, healthcare data management and lifestyle monitoring via its Intelligent Homes platform.

Intelligent Homes are equipped with innovative monitoring technology to allow the elderly to live independently and avoid extended hospice stays, which not only extend hospital waiting times but also contain an elevated risk profile for contracting contagious diseases.

The HomeStay technology uses monitoring devices which sense regular movement patterns throughout the home, to identify the occurrence of serious incidents, such as falls or unconsciousness (Image 1).

Image 1: HomeStay’s Intelligent Homes Platform

==> picture [473 x 250] intentionally omitted <==

The monitoring devices are supplemented with additional sensors, such as wearable heart monitors and in-built technology to assess whether switches like lights have been turned on, or fridge doors opened, in a reasonable amount of time.

The Intelligent Homes will send out an alert to friends, family or a nominated carer in the event of a potential incident, effectively providing 24-hour care and peace of mind.

Intelligent Homes integrate various in-home AI sensors which collect data wirelessly through a “hub” which is central to Intelligent Home technology.

The Intelligent Homes utilise advanced AI and predictive analytics to alert family, friends and caregivers to a potential incident based on the data collected.

HomeStay’s IoT Platform is operated via an app available on both tablet and mobile on Android and iOS. The HomeStay Connect app (Image 2) provides daily health, insights and instant alerts and includes live dashboards that can tell if sleeping patterns are disturbed, eating routines have changed or if a fall has occurred.

==> picture [384 x 237] intentionally omitted <==

Image 2: HomeStay Connect App