CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED BONUS ISSUE OF UP TO 243,600,000 NEW SECUREMETRIC SHARES ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING SECUREMETRIC SHARE HELD AT AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER; AND (II) PROPOSED ISSUANCE OF UP TO 243,600,000 FREE SECUREMETRIC WARRANTS ON THE BASIS OF 1 WARRANT FOR EVERY 1 EXISTING SECUREMETRIC SHARE HELD ON THE SAME ENTITLEMENT DATE AS THE PROPOSED BONUS ISSUE OF SHARES