Chris Tziolis speaks to Proactive, page-4

But in June they received interest from some bigshots:
Placement to an existing institutional and high net worth shareholders and new North American sophisticated investors
Funds raised to enable the completion of environmental approvals and native title agreements, and to continue the process of promoting and commercialising the project post the completion of the feasibility study

Verdant Minerals Ltd (Verdant or the Company, ASX:VRM) is pleased to announce that a total of $2 million was successfully raised through a placement of ordinary shares to Regal
Funds Management Pty Ltd, a number of other Australian institutional and high net worth investors and new North American sophisticated investors. Amvest Capital Inc. (acting through Mann Mann Jensen Partners LP) served as the North American Placement Agent