Smart building materials company ClearVue Technologies Limited (ASX:CPV) (ClearVue or the Company) is pleased to announce an underwritten Share Purchase Plan (SPP or Plan) to raise AUD $2m before costs and a proposed placement targeted to raise up to an additional AUD $2m (Top-Up Placement) ( together the Offer). The SPP provides the opportunity for eligible shareholders to subscribe for up to AUD $30,000 worth of new shares in the Company (New Shares). Registered holders of fully paid ordinary shares as at 5.00pm (AWST) on 4 September 2019 (Record Date) with a registered address in Australia or New Zealand will be eligible to participate in the SPP.
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