Greenfern announces opening of Rights Issue

Greenfern announces opening of Rights Issue 12 October 2022 On 30 September 2022, Greenfern Industries Limited (NZX: GFI) announced the launch of a 1 for 1.3736 renounceable Rights Issue to raise up to approximately $5,000,000 at an issue price of $0.08 per new share. GFI is now pleased to invite eligible shareholders to apply to participate in the Rights Issue (including an Oversubscription Facility), which opens today and closes at 5:00pm on 27 October 2022. Applications must be made online at www.shareoffer.co.nz/greenfern. Further details on the Rights Issue, including key dates, how to apply and the Oversubscription Facility, are set out in the Offer Document. The following documents accompany this announcement: o Offer Document o Investor presentation o Pro forma Rights Issue open letter, which will be sent to eligible shareholders today o Pro forma Rights Issue open email, which will be sent to eligible shareholders today For further information, please contact: Dan Casey Managing Director Mobile 0274202476 Email dan@gfi.nz End CA:00400344 For:GFI Type:OFFER Time:2022-10-12 08:30:11