I found this from an announcement dated August 21, 2019 Cann Global Limited, Pre Quotation Disclosure. Page 6.
The Capital Raising represents the issue of 170,000,000 Shares at $0.035 per Share and 85,000,260 Options to raise $5.950 million. Transaction costs of $945,000 have been incurred, of which $814,000 will be expensed and $131,000 will be recognised against equity.
Could this possibly be what the $131,000 was used for.
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Ann: Quarterly activities and 4C cashflow report, page-30
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