Matex

Matex: entered into a subscription agreement with Teo Choon Leng Jeffrey and Pek Choon Heng with regards to the placement of an aggregate 12.4m new shares (5.5% of enlarged share base) at issue price of $0.0961 per share (12.6% discount to the last close at $0.11). Gross proceeds of c.$1.2m will be used for general working capital purposes. The counter is up 8.2% at $0.119 in thin trade