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ASX Release AMAERO ADDITIVE MANUFACTURING ASX : 3DA 29 January 2020 Quarterly activities report for the period ending 31 December 2020 DECEMBER QUARTER HIGHLIGHTS • • Oversubscribed capital raise for $ 9 million via a placement to high - quality domestic and international , institutional and sophisticated investors , at an issue price of $ 0.55 per share . Share Purchase Plan ( " SPP ” ) launched , partially underwritten up to $ 1.5m by joint venture partner PPK Group Ltd ( “ PPK ” ) and offered to eligible shareholders at the same price as the Placement of $ 0.55 per share , which closed post the quarter to raise a total of $ 4.825m . Amaero accepted a purchase order from the world's largest aerospace manufacturer , The Boeing Company , for the manufacture of evaluation parts . Amaero subsidiary , Amaero Alloys Pty Ltd , entered a Joint Venture Research Agreement ( " JV " ) with PPK Group Ltd subsidiary , PPK Aust Pty Ltd , and Deakin University , to develop a super strength aluminium alloy . Amaero subsidiary , Amaero Engineering Pty Ltd , entered a Teaming Agreement with MEMKO Aviation Aerospace Defence Pty Ltd to jointly market and provide their engineering and manufacturing services to third parties for projects in the fields of design , manufacturing and certification of products for aviation , defence and space applications . • Mr Ken Davis appointed to lead Company's North American operations , and reporting to the Group CEO , he will work closely with other Amaero senior executives to develop and implement growth strategies . • Mr Christopher Pyne appointed to advise on defence and geopolitical related defence projects , and will work closely with Amaero's other international defence advisors , including the former Secretary of Defence of the United States . To further preserve the Company's capital , Amaero issued 379,958 fully paid ordinary shares in lieu of cash to its directors upon receiving shareholder approval at its Annual General Meeting . ACTIVITIES SUBSEQUENT TO THE END OF QUARTER ● Amaero accepted a purchase order from Nissan Casting Australia Pty Ltd for a 3D printed tool steel insert for die - casting auto components . • Amaero accepted a purchase order from Raytheon Intelligence and Space ( RI & S ) , a business of Raytheon Technologies , to produce 3D printed samples in new materials for evaluation . Amaero International Limited ( ABN : 82 633 541 634 ) 11-13 Normanby Road , Notting Hill , VIC , 3168 , Australia T : +61 3 9905 9847 info@amaero.com.au www.amaero.com.au