RichReach Corporation Public Ltd (the “Company”) wishes to inform the investing public that it has signed a Share Purchase Agreement with a new investor. The agreement pertains to the investment of €50,000 in the Company’s share capital through private placement, by virtue of which the strategic investor will purchase 12,500 shares of the Company.
The Company has received the investment of €50,000 from the investor.
The Company will proceed in due course with an application for admission of the 12,500 new shares for trading at the non-regulated Emerging Companies Market of the Cyprus Stock Exchange where the already existing shares are traded. Following the admission of the 12,500 new shares, the total number of issued and fully paid ordinary shares of the Company will be 11,352,636 (of €0.05 nominal value each).