Harvest Launches Equity Raising to Pursue Strategic Growth

Harvest Technology Group Limited (ASX:HTG) (“Harvest”, “Company”, “Group” or “HTG”) is pleased to announce the following:
• Harvest continues to consistently achieve milestones in its Three-Phase Strategic Plan and is strongly positioned to deliver on the next Phase
• A 1 for 10 accelerated non-renounceable entitlement offer to raise up to approximately A$11.1 million (“Equity Raising”) to fund working capital for identified key applications in line with Harvest’s Three-Phase Strategic Plan
• The Equity Raising is partially underwritten and together with commitments received from major shareholders the minimum proceeds are A$3.0 million (“Committed Amount”)