TON 0.00% 1.1¢ triton minerals ltd

What a complete disaster, page-17

  1. 987 Posts.
    Not many people read the company announcements.

    The LSI funding "will be used to fund the staged acquisition of Grafex Lda; the continued exploration and development of the Nicanda Hill resource and working capital purposes". ASX Announcement 2 Feb 2015 Section 708A Cleansing Notice.

    The LSI deal provides the company with certainty and security of funding for 2 years irrespective of current market conditions.

    "Triton has obtained the LSI Facility to provide the Company certainty and security in being able to fund its current and future activities. The LSI Facility offers Triton a funding solution that is intended to be used in conjunction with the more traditional methods of raising capital in the open capital markets".  ASX Announcement 27 Jan 2015

    http://www.tritonmineralsltd.com.au/asx-annoucements/2014-asx-announcements

    Please DYOR.
 
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