Adveritas Limited announced that it will issue 14,000,000 common shares at a price of AUD 1.4 per share for the gross proceeds of AUD 1,400,000 on November 3, 2021. The transaction shall include participation from strategic, professional and sophisticated investors. The transaction is expected to close on November 5, 2021 with the shares being issued on or around 8 November 2021. The placement shares will be issued under the Company?s existing 15% ASX Listing Rule 7.1 placement capacity.