Disclosure Statement

Fees and charges

  1. All funds raised require the use of a credit card through the credit card gateway of the Secure Transaction Provider.

  2. Unless otherwise specified, all fees and charges are quoted in Australian Dollars (AU$). The Offeror is responsible for paying all fees and charges associated with the use of Services. If an Offer is withdrawn from the Galaxy Platform for violating any terms of use published by the Host from time to time, violation of law or by court order, all the supporting applications will be cancelled.

  3. Please note that the Secure Transaction Provider and the Host are independent, and the Host gives no warranty in respect of payments processed by the Secure Transaction Provider and is not responsible for failures of credit cards.

  4. The Host charges the following fees and charges in consideration for performance of the services:
  5. Commitment Fee: $5,000 charged to the Offeror upon signing of this Agreement;
  6. Successful Raising fee: 7.5% (plus GST) of total funds charged to the Offeror; and

  7. All monies received by the Host for the purchase of Shares as part of an Offer will be received and held in the Host’s trust account at the Secure Transaction Provider. The Offeror agrees that the Host can deduct fees owed by the Offeror to the Host from these funds.

  8. All monies received by the Host for the purchase of Shares as part of an Offer will be received and held in the Host’s trust account at the Secure Transaction Provider. The Offeror agrees that the Host can deduct fees owed by the Offeror to the Host from these funds.