Loading, Please Wait...
SYDNEY, AUSTRALIA--(Marketwired - Jan 22, 2016) - Simavita Limited (ASX:SVA) (TSX VENTURE:SV) ("Simavita" or the "Company") is pleased to confirm that the Security Purchase Plan (SPP) offer has opened today. The SPP offer document and sample application form will be released separately.
The Company is also discussing with existing and potential investors in relation to a potential placement of CDIs in addition to the closing of the first tranche of the private placement offering.
In accordance with paragraph 7(f)(ii) of ASIC Class Order 09/425 (CO 09/425), Simavita Limited (ASX: SVA) gives notice that:
For further information, please check our website (www.simavita.com)
Simavita is a digital healthcare company that has developed an innovative software platform. The first application for the platform is a world first solution for the management of urinary incontinence, with a focus on the elderly. This platform technology is an instrumented incontinence assessment application that provides evidence-based incontinence management care plans to the residential aged care market.
SIM™ is a wireless sensor technology that delivers evidence-based instrument incontinence data on individuals. SIM™ provides user friendly tools and software to assess the incontinence condition and to help plan better outcomes. SIM™ is used to detect, record and report incontinence events during a compulsory or recommended assessment period in residential aged care facilities to develop an evidence-based incontinence care plan.
Conducting assessments is mandatory in many countries and the incontinence assessment creates an influential element of care of each individual. For more information on Simavita or SIM™, please visit www.simavita.com.
The TSX Venture Exchange ("TSX-V") has in no way passed upon the merits of the transactions set out herein and has neither approved nor disapproved the contents of this press release. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this Release.
Philippa Lewis, Chief Executive Officer
+61 2 8405 6381
Media and Investor Relations
+61 420 249 299