Project Update 4

The trustee has committed to accrue interest on investor applications from the date investors units are issued in the Fund.

Due to timing differences in some investor’s applications, the Trustee has taken the decision to lower the Fund’s minimum target capital raising to $100,000. The change to the minimum subscription will enable investors to benefit from more timely processing of applications.

The change to the minimum target capital raising, will not impact the Fund’s target rate of return for investors of 15% per annum, simple interest, as costs associated with the offer are the responsibility of the Trustee.