The capital raising was finalised long before last Friday's announcement. Today's trading halt is 'market sensitive', this tells us that the CR has already been undertaken and shares issued - otherwise it wouldn't be market sensitive. A junior mining company raises capital because some big shot wants in and all hell breaks lose on hot copper. If you want to know a secret -- all small companies do this. GLTAH.
Ann: Trading Halt, page-20
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Mkt cap ! $85.00M | |||
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