re: announcement - placement? The AGM ann., on 20 July indicated (Resolution 3 and 4) the company wished to issue 100 million shares at 3c minimum, and 20 million options to “helpful parties” exercisable at 5c by Nov 2007.
Resolutions 3 and 4 were passed at the AGM as per ann., 19 August.
Yesterdays trading halt included in the text the following “ .... announcement to ASX regarding execution of an agreement for a placement issue of shares”.
Mensa.
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