Ann: WCN Raises A$14.4m at an Average 29% Premium to Market Close, page-57

ill just explain it cause steven doesn't know what this is, its not really worse tbh

so they do an offer in canada, they pay 4.03c for this amount of shares. they get the stock. but peartree organises all those shares to sell immediately to australian shareholders, for 2.6c. leaving them with no shares
this effectively leaves them out of pocket 1.43c

then australians own all the shares for 2.6c

so why would canadians do this? they lose 1.43c and own no shares? no cause they use 100 % deduction for the renounced exploration cost (why they issue these shares at a premium) plus the critical minerals tax credit (i think this is the case for copper) for an extra 30%. note this is only for high income individuals.

so essentially, for investor purposes, this is simply a raise at 2.6c with extra steps. the company does this for two reasons, more money on the raise essentially, and a news boost with "premium"