That's if shareholders approve as required by listing rule 7.1. The number of shares that may be issued without shareholder approval is 210,000,000, how much they raise will be dependent on the discount offered. On a 20% discount from today's price, the capital received could be up to $12,264,000 by my calculations.
The road to commercialization, page-18
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Mkt cap ! $106.6M | |||
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