Kalamazoo Launches $8 million Placement & $2 million SPP

• Firm commitments for $8.0 million received from sophisticated and professional investors, at an issue price of $0.17 per fully paid ordinary share (“Share”, “Placement”) • Contemporaneous Share Purchase Plan (“SPP”) to raise up to $2.0 million at $0.17 per Share, providing an opportunity for all eligible Kalamazoo shareholders to participate in the equity raising • In combination, the Placement