YOJEE LIMITED — Capital/Financing Update 2017

Aug 7, 2017

8
August
2017

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**YOJEE

LIMITED
SHARE
PLACEMENT
TO
RAISE
$3
MILLION**

HIGHLIGHTS

• Commitments
  to
  raise
  $3,117,500
  via
  strategic
  placement
  from
  sophisticated
  and
  institutional investors
  after
  extensive
  due
  diligence
  and
  technology
  demonstrations.

• Existing
  cornerstone
  investor
  invests
  a
  further
  $2.5
  million
  with
  $500,000
  subscribed
  for
  by existing
  institutional
  investor.

• Capital
  raise
  provides
  funding
  long
  term
  technology,
  sales
  and
  marketing
  plan.

Yojee
Limited (ASX:
YOJ)
is
pleased
to
announce
that
it
has
received
firm
commitments
for
a
Placement
of 43,000,000
fully
paid
ordinary
shares
at
$0.0725
per
share,
to
raise
$3,117,500
before
costs.
The
shares will
be
placed
under
the
Company’s
current
placement
capacity
pursuant
to
ASX
Listing
Rule
7.1
and
is offered
to
sophisticated
and
institutional
investors
pursuant
to
section
708
of
the
Corporations
Act
2001 (Cth).
The
Placement
will
be
completed
next
week.

For
further
information,
please
contact: Ed
Clarke Managing
Director P:
+61
8
6489
1600

E:
ed@yojee.com.au

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Suite 9, 330 Churchill Avenue, Subiaco WA 6008 Ι PO Box 866, Subiaco WA 6904 P + 61 8 6489 1600 Ι F + 61 8 6489 1601 Ι ABN 52 143 416 531