OliveX Holdings Limited (NSX:OLX) Blue-Chip Investors Validate OliveX Strategy

OliveX Holdings Limited (NSX:OLX) Blue-Chip Investors Validate OliveX Strategy
  
Blue-Chip Investors Validate OliveX StrategySydney, May 7, 2021 AEST (ABN Newswire) - Digital health and fitness company OliveX Holdings Limited (
NSX:OLX) is pleased to announce it has received investor commitments in the form of placement letters for 8,888,888 shares at A$1.00 per share to raise A$8,888,888.
Subject to shareholder approval at an upcoming General Meeting, the Company will issue 8,888,888 shares, with funds received to finance cash consideration obligations arising from the previously announced acquisition of Six to Start Limited. The balance of funds will be used for working capital purposes.
New investors including EVG Holdings Pte Ltd, Mr Hyung Cheol (James) Lim (Founder of Blocore and Gameberry Inc.) and GBV Capital are joining the register.

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