15 October 15
\t"To Whom It May Concern:
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\tWe are very pleased and excited to announce that CRe8 Home and Finance Ltd (CRe8) has signed a $1m commercial investment agreement with Glenvill on the 8th October 2015. The investment is in the form of a convertible note that is expected to convert to shares within six months. Further details are available upon request.
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\tAlready a key builder partner of CRe8 for several years, Glenvill is a major reputable quality builder and now a cornerstone investor that underpins confidence in CRe8’s Home Without A Deposit business, bringing with it added credibility.
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\t“For more than 55 years, Glenvill has been designing and building award-winning homes that have set the benchmark for outstanding design and quality of finish”. -See more at: http://www.glenvill.com.au/about-us/
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\tThis investment allows CRe8 to continue growing it’s home deposit loan sales revenue and pipeline, as well as increase its loan book and balance sheet.
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\tThe Directors’ opinion is that this cornerstone investment materially enhances the company’s value. However, CRe8’s Directors have decided to continue trading under the current offer in Round 3 at $0.04/share.
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\tCRe8 is an innovative developer of products and systems that provide solutions to needs in the property and finance industries. Its flagship and market disruptive genuine 100% deposit finance product is ‘Home Without a Deposit’ for owneroccupiers and investors."
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\tPaul Wiwatowski, Director, CRe8 Home and Finance Ltd, 15th October 2015
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