On 14 February 2020 the Company announced that it is undertaking a share purchase plan (“SPP”). The Company advises that it proposes to issue up to a maximum of 67,319,695 fully paid ordinary shares in the capital of the Company (“Securities”).
The Company advises that the Securities will be issued without disclosure to investors under Part 6D.2 of the Act.
The Company, as at the date of this notice, has complied with:
Other than as noted below, as at the date of this notice there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Corporations Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document.
MMJ notes however that in its ordinary course of business it continually evaluates growth opportunities, some of which may at some future time prove to be material and therefore price sensitive. At the date of this statement, no such evaluations are sufficiently certain or material to warrant disclosure to the market.