Analytica Share Purchase Plan Results; Approximately $2.4m Raised

20th April 2016, Analytica Medical

Analytica Ltd (ASX: ALT), The Company is pleased to announce that the Share Purchase Plan was well supported by shareholders with $567,700 being received. 222,627,485 shares at $0.00255 will be allotted today. Following allotment of these shares ALT will have issued capital of 1,630,197,395 shares.

The SPP forms part of the Company’s current fund raising initiatives which are comprised of:

• A private placement of $280k ($0.00255 cents per share) to non-related parties on the 21st March (previously announced).
• A placement to the Chairman, Dr Michael Monsour, of $1m at $0.03 cents per share. This placement is subject to shareholder approval at an Extraordinary General Meeting to be held on Friday 22nd April 2016 and
• A placement of approximately $500k to a new cornerstone investor subject to shareholder approval of the placement to Dr Michael Monsour.

Following the completion of these fund raising initiatives the company will have raised approximately $2.4m.

These fund raisings, along with expenditure reduction initiatives announced on the 10th March 2016 has placed the Company on a solid foundation.

The Company wishes to thank shareholders for their support of the Company.

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