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Bluechiip Raises $3.425 Million From Rights Issue and Placement

06 July 2017

Bluechiip Limited [ASX:BCT], a leader in the development of sample tracking technology for harsh environments, today announced that its pro rata 1for3 nonrenounceable rights issue (Rights Issue) at an issue price of $0.028 per ordinary share and its associated TopUp Facility to raise up to $2.53 million (before costs) successfully closed on 30 June 2017….

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First Products Shipped to Labcon North America

21 June 2017

Highlights First products shipped to Labcon North America under agreement signed April 2017. Labcon commence tooling for manufacture Significant acceleration of annual revenue growth expected in FY18. Capital raise $2.53m, 1:3 nonrenounceable rights issue and shortfall placement to support growth and working capital. Notice of allowance to patent for ‘Temperature Sensing and Heating Device’ Bluechiip…

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