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Amended - ComOps Ltd [COM] Announce Results of Non-Renounceable Entitlement Offer and Notice of Under-subscriptions - November 2014

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21 November  2014

ComOps Limited (ASX:COM) is pleased to advise that its recently announced entitlement offer (Entitlement Offer) closed on 18 November 2014 and has raised approximately $2.89 million.

Under the Entitlement Offer, eligible COM shareholders were offered the opportunity to subscribe for one (1) new fully paid ordinary share in COM for every four (4) shares held on the Record Date at an issue price of $0.03 per share.

The Company is pleased to advise that applications have been accepted for a total of 48,866,602 shares, including a number of eligible shareholders applying for additional shares, raising $1,465,998. Pursuant to the terms of the underwriting and sub-underwriting arrangements between the Company, Bligh Capital Securities Pty Ltd, and the various sub-underwriters, a further 47,368,150 shares will be allotted to the sub-underwriting parties, raising an additional $1,421,045.

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