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14 May

Independent Valuation Report – Listing Rule 7.1A.3

SLM advises that it has completed an Independent Valuation Report for ASX Listed Elixinol Global Limited (ASX EXL).

Under Australian Securities Exchange (“ASX”) Listing Rule 7.1A.3 where equity securities are issued for non-cash consideration (i.e. the acquisition of an asset), the eligible entity must provide for release to the market a valuation of the non-cash consideration that demonstrates that the issue price of the securities complies with the Listing Rule 7.1A.3.  The rule requires that the eligible entity must demonstrate that the deemed issue price of the securities issued in consideration for the acquisition of the asset is no lower than 75% of the volume weighted average share price (“VWAP”) of the securities over the 15 days during which trades in the securities were recorded immediately before the securities are issued.

A copy of the report can be found here: https://www.asx.com.au/asxpdf/20190424/pdf/444hwsnrxq07rr.pdf

For further information, please contact Barry Lewin or Kuo ning Ho from SLM Corporate on 03 9244 9644.

29 Mar

Historic Timber Creek native title compensation case determined in the High Court – SLM acted as economic expert for the indigenous parties

In News by SLM / March 29, 2019 / 0 Comments

We are very proud to advise that SLM Corporate acted as an economic expert for the indigenous parties in the historic Timber Creek native title compensation claim in which the High Court has for the first time brought important clarity to the process for assessing just compensation when native title rights are extinguished.

For further information, please contact Barry Lewin (barry.lewin@slmcorporate.com.au) or Kuo ning Ho (kuoning.ho@slmcorporate.com.au), or the SLM offices on 03 9244 9644

07 May

SLM arranges Convertible Note financing for Rounded

In Announcements,Capital Raising,News by SLM / May 7, 2018 / 0 Comments

We are pleased to announce that SLM Corporate has assisted Rounded Pty Ltd in a successful raising of expansion capital.  The raising was completed by way of the issue of Secured Convertible Note to Australian sophisticated investors within SLM’s network.

Rounded is a privately owned Australian fintech and SaaS company that has developed an accounting app catered specifically for use by freelancers and sole traders.  Rounded provides a simple and intuitive solution accessible via either mobile or web interface and is partnered with other fintech applications such as PwC Airtax.

The funds raised will enable Rounded to supercharge the growth of sales and marketing capability in Australia, with the potential to expand globally.

For further information, please contact:

Barry Lewin
Managing Director
Ph: 03 9244 9644 or 041 9032493
Email: barry.lewin@slmcorporate.com.au

20 Apr

SLM raises capital for Verifier

In Announcements,Capital Raising,News by SLM / April 20, 2018 / 0 Comments

SLM Corporate is very pleased to announce that it has assisted Verifier Pty Ltd in a successful raising of expansion capital. The raising was completed by way of the issue of fully paid ordinary shares to investors within SLM’s network.

Verifier is a privately owned Australian fintech and SaaS company developing a consumer-driven data sharing platform for online income verification. It allows lenders to verify the income of an applicant at real-time while giving consumers and data providers full control of their permissioned data. The business is led by Lisa Schutz, the CEO and founder, who has extensive experience – at BCG, as Vice President of MasterCard for Australia, as General Manager, PostConnect for Australia Post and as an analytics adviser to PwC.

The result provides Verifier with an excellent platform for further developing its technical capabilities as well as in the growth of sales and marketing capability in Australia, with the potential to expand globally.

SLM and its investors are especially delighted to be participating in this investment, with income verification and privacy the subject of an important focus at a time when the Financial Services Royal Commission has highlighted that a significant portion of Australia’s $1.7 trillion home mortgage market is made up of “liar loans” based on incorrect information.

For further information, please contact:

Barry Lewin
Managing Director
Ph: 03 9244 9644 or 041 9032493
Email: barry.lewin@slmcorporate.com.au

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