Marmota raises $15 million in highly successful placement

• Marmota has received firm commitments to raise $15 million by way of a single-tranche placement to sophisticated, professional and institutional investors. • More than 80% of the placement has been taken up by institutions/funds. • High-quality institutional investors added to the register. • Issue price of $0.135 per share represents a discount of ~12% to the 10-day VWAP. • Funds raised from th