CAPITAL RAISING SUCCESSFULLY COMPLETED – OVERSUBSCRIBED

CAPITAL RAISING SUCCESSFULLY COMPLETED – OVERSUBSCRIBED

26 April 2017 – ASX RELEASE 

CAPITAL RAISING SUCCESSFULLY COMPLETED – OVERSUBSCRIBED

ACQUISITION OF ZOONO GROUP LIMITED

RE-LISTING ON ASX

Wednesday 26 April 2017: Zoono Group Limited (previously Goldsearch Limited (ASX:GSE)) is pleased to announce that its Offer to raise a minimum of $7 million and a maximum $10 million at $0.20 per new share under the Replacement Prospectus dated 14 March 2017 to fund its acquisition of Zoono Group Limited (“Zoono”) closed oversubscribed at the maximum amount.

With the successful completion of the capital raising, Mr John Percival and Mr Glenn Tetley have resigned as directors and been replaced by Mr Jon Lamb (who will become the Executive Chairman), Mr Paul Hyslop (the new Managing Director and majority shareholder) and Mr Don Clarke (independent, non-executive director).

The Company is waiting on advice from ASX on a proposed re-listing date under the ticker ZNO, expected to be next week.

About Zoono:

Zoono specialises in the development, manufacture and global distribution of a suite of proven, long lasting and environmentally friendly antimicrobial solutions. It has developed products, including aerosol-based sprays, suited for skin care, surface sanitisers, treatment of acne and mould remediation. The products are based around the “Zoono Molecule”; a unique, antimicrobial molecule that bonds to any surface and kills pathogens including bacteria, viruses, algae, fungi and mould. It has proven efficacy, longevity and, importantly, it does not leach. Zoono products are currently sold in many countries.

Zoono Group Managing Director, Paul Hyslop, commented: “The Company is encouraged by the investor support for its Offer. The successful ASX listing is an important step in the growth plans for the Company.”

For further information please contact:

Elissa Hansen

Company Secretary

elissa.hansen@cosecservices.com.au

0411 764 556