Rision Secures Mandate with Chapmans Limited (ASX:CHP) to raise...

Rision Secures Mandate with Chapmans Limited (ASX:CHP) to raise $1.5 million Highlights • Rision announced a trading halt on Wednesday 31st of January in anticipation of the proposed capital raising • Rision will issue shares and options to Chapmans Limited and other professional and sophisticated investors totalling $1.5 million • Elements of the raise are subject to shareholder approval • Proceeds of the raise will be used to fund operating costs, business development and marketing • Chapmans will take on the role of active strategic investor in Rision • Chapmans will be appointing a member to the Rision board • Chapmans will facilitate introductions for Rision to distribute its core product throughout Asia Software as a Service company Rision Limited (ASX:RNL) (“Rision” or “the Company”) is pleased to announce an agreement with diversified investment company Chapmans Limited (ASX:CHP) (“Chapmans”) to raise $1.5 million.