Ann: Suspension from Official Quotation-KAS.AX, page-10

If it was an equity raising it would have said so in the TH and the suspension notice. A standalone capital raising is always stated as much.

Worded as a "potential material corporate transaction pertaining to the development of the Achmmach Tin Project" suggest three things, another sell down of a share, the sale of the whole asset to someone or off-take deals. Maybe its aggressive wording for a royalty deal as those seem to be becoming more popular across the resources world these days, but I'd stick with the first three thoughts.