Jen, We do know, and wont know any more until Monday. It's about a placement.
Now considering that we are not meant to need any more money to get Pilg up and running as TT will provide the capital, it has to be either Nagrom, or the existing $4m convertible notes and options into shares.
They are pretty much the only 2 possibilities.
No need to give a whale a % of the company, so that is unlikely.
Personally I favor the Nagrom deal after getting permission from GAM in the US.
Ann: Trading Halt, page-44
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