Update - Proposed issue of securities - CPV
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Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities 1 / 6
Update Summary
Entity name
CLEARVUE TECHNOLOGIES LIMITED
Announcement Type
Update to previous announcement
Date of this announcement
23/6/2026
Reason for update to a previous announcement
Amendment to the number of shares and options to be issued under the Placement as per ASX announcement dated 23
June 2026
Refer to next page for full details of the announcement
Appendix 3B - Proposed issue of securities
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Part 1 - Entity and announcement details
1.1 Name of +Entity
CLEARVUE TECHNOLOGIES LIMITED
We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees
to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in
Appendix 3B of the ASX Listing Rules.
If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also
apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set
out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under
the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX
an Appendix 2A online form notifying ASX of their issue and applying for their quotation).
1.2 Registered Number Type
ABN
Registration Number
45071397487
1.3 ASX issuer code
CPV
1.4 The announcement is
1.4a Reason for update to a previous announcement
Amendment to the number of shares and options to be issued under the Placement as per ASX announcement dated 23
June 2026
1.4b Date of previous announcement to this update
22/6/2026
1.5 Date of this announcement
23/6/2026
1.6 The Proposed issue is:
A placement or other type of issue
Update/amendment to previous announcement
Appendix 3B - Proposed issue of securities
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Part 7 - Details of proposed placement or other issue
Part 7A - Conditions
7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other
type of issue can proceed on an unconditional basis?
7A.1a Conditions
Approval/Condition
+Security holder approval
Date for determination
31/8/2026
Is the date estimated or
actual?
** Approval
received/condition met?
Comments
The Attaching Options issued under the Placement will be offered under a separate options prospectus and will require
shareholder approval under ASX Listing Rule 7.1.
Ms Smits participation in the Placement remains subject to shareholder approval under Listing Rule 10.11.
Part 7B - Issue details
Is the proposed security a 'New
class' (+securities in a class that is
not yet quoted or recorded by ASX)
or an 'Existing class' (additional
securities in a class that is already
quoted or recorded by ASX)?
Will the proposed issue of this
+security include an offer of
attaching +securities?
Details of +securities proposed to be issued
ASX +security code and description
CPV : ORDINARY FULLY PAID
Number of +securities proposed to be issued
42,804,348
Reason for the update of 'Number of +securities proposed to be issued'
The Company Chair has agreed to subscribe for $86,250 worth of Shares under the Placement via cash subscription. Ms
Smits participation in the Placement remains subject to shareholder approval under Listing Rule 10.11.
The Company can confirm that the total amount to be raised under the Placement, including Ms Smits¿ subscription, will
be $4,922,500.
Offer price details
Are the +securities proposed to be issued being issued for a cash
consideration?
Yes
Yes
Existing class
Estimated
Yes
Appendix 3B - Proposed issue of securities
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In what currency is the cash
consideration being paid?
AUD - Australian Dollar
What is the issue price per
+security?
AUD 0.11500
Will these +securities rank equally in all respects from their issue date with
the existing issued +securities in that class?
Attaching +Security
Is the proposed attaching security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX)
or an 'Existing class' (additional +securities in a class that is already quoted or recorded by ASX)?
Attaching +Security - New class (+securities in a class that is not yet quoted or recorded by ASX)
Details of attaching +securities proposed to be issued
ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them)
Have you received confirmation from ASX that the terms
of the proposed +securities are appropriate and
equitable under listing rule 6.1?
Will the entity be seeking quotation of the 'new' class of
+securities on ASX?
ASX +security code
New class-code to be confirmed
+Security description
Options exercisable at $0.115 each and expiring 3 years
from issue date
+Security type
Options
Number of +securities proposed to be issued
42,804,348
Reason for the update of 'Number of +securities proposed to be issued'
The Company Chair has agreed to subscribe for $86,250 worth of Shares under the Placement via cash subscription. Ms
Smits participation in the Placement remains subject to shareholder approval under Listing Rule 10.11.
Offer price details
Are the +securities proposed to be issued being issued for a cash consideration?
Please describe the consideration being provided for the +securities
One (1) Attaching Option for every one (1) Placement Share issued
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
No
Yes
No
New class
Yes
Appendix 3B - Proposed issue of securities
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Options details
+Security currency
AUD - Australian Dollar
Exercise price
AUD 0.1150
Expiry date
1/9/2029
Details of the type of +security that will be issued if the option is exercised
CPV : ORDINARY FULLY PAID
Number of securities that will be issued if the option is exercised
One fully paid ordinary share (ASX:CPV)
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities
proposed to be issued or provide the information by separate announcement.
Refer to ASX announcement dated 22 June 2026 for further information
Part 7C - Timetable
7C.1 Proposed +issue date
25/6/2026
Part 7D - Listing Rule requirements
7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1?
7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15%
placement capacity under listing rule 7.1?
7D.1b ( i ) How many +securities are proposed to be issued without security holder approval using the entity's 15%
placement capacity under listing rule 7.1?
12,220,874
7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's
additional 10% placement capacity under listing rule 7.1A (if applicable)?
7D.1c ( i ) How many +securities are proposed to be issued without +security holder approval using the entity's
additional 10% placement capacity under listing rule 7.1A?
30,583,474
7D.1c ( ii ) Please explain why the entity has chosen to do a placement rather than a +pro rata issue or an offer
under a +security purchase plan in which existing ordinary +security holders would have been eligible to
participate
The Company is also conducting a Share Purchase Plan ("SPP") to raise up to $1,000,000 (before costs). The SPP offers
eligible shareholders (irrespective of the size of their shareholding) an opportunity to purchase new Shares on the same
terms as the Placement (including the issue of free attaching Options) .
7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue?
Yes
Yes
No
Appendix 3B - Proposed issue of securities
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7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules?
7D.4 Will any of the +securities to be issued be subject to +voluntary escrow?
Part 7E - Fees and expenses
7E.1 Will there be a lead manager or broker to the proposed issue?
7E.1a Who is the lead manager/broker?
Joint Lead Managers are Alpine Capital Pty Ltd and SP Corporate Advisory Pty Ltd
7E.1b What fee, commission or other consideration is payable to them for acting as lead manager/broker?
For their services as joint underwriters of the SPP and lead managers of the Capital Raise, the Company has agreed to
pay the Joint Lead Managers:
-management and selling fees equal to 6.0% of the gross proceeds of the Capital Raise;
-a $10,000 cash fee payable to Alpine Capital;
-a monthly retainer of $12,000 per month for an initial period of 12 months (conditional on a minimum of $6,000,000 being
raised under the Capital Raise);
-subject to shareholder approval under Listing Rule 7.1, Options , to be issued to the Joint Lead Managers (and/or their
nominees) on the basis of one (1) Option for every four (4) Shares issued under the Placement ("Lead Manager Options");
and
-subject to shareholder approval under Listing Rule 7.1, Options to be issued to the Joint Lead Managers (and/or their
nominees) on the basis of one (1) Option for every one (1) Share issued under the SPP.
7E.2 Is the proposed issue to be underwritten?
7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue
Part 7F - Further Information
7F.01 The purpose(s) for which the entity is issuing the securities
- ERP System costs;
- R&D, Patents & Patent renewals; and
- Working capital & Costs of the Capital Raise.
7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds?
7F.2 Any other information the entity wishes to provide about the proposed issue
Refer to ASX announcements dated 22 and 23 June 2026 for further information.
7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with
the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:
The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)
No
No
Yes
No
No
Yes
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