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ComOps Limited raising funds to expand workforce management business

ComOps Limited raising funds to expand workforce management business

ComOps Limited (ASX:COM) is raising $1.65 million through a placement to expand its workforce management business.

This includes the development of the “Microster” workforce management software business onto third party platforms along with funding for value adding acquisitions to expand and enhance the reach of the Microster products and services.

The funds were raised through the placement of 50 million shares priced at $0.025 to professional and sophisticated investors raising $1.25 million as well as 16 million shares to related parties, raising $0.4 million.

 

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ComOps Ltd Timeline

Newswire
August 27 2015

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