Target Market Determination
This target market determination (TMD) has been prepared by the Company in relation to the offers of the Convertible Securities (Offers) made by the Company under a replacement prospectus lodged with ASIC on or about the Effective Date (Prospectus). A copy of the Prospectus is available on the Company’s website, www.waer.com.au. Alto Capital of Ground Floor, 16 Ord Street, West Perth WA 6005 has been appointed as the lead manager (Lead Manager) to the Capital Raising Offer.
Any recipient of this TMD should carefully read and consider the Prospectus in full and consult with their professional advisers if they have any questions regarding the contents of the Prospectus, the Offers or this TMD. This document does not contain a full summary of the terms and conditions of the Consultant Options or Performance Rights. This TMD is not a disclosure document for the purposes of the Corporations Act 2001 (Cth), and therefore has not been lodged, and does not require lodgement, with the Australian Securities and Investments Commission (ASIC).
Capitalised terms not otherwise defined in this TMD have the meaning given to them in the Prospectus.