trading halt, page-20

The reference to apply shortfall shares should have been removed. It finished in December. according to the Patterson's report

"Phase 2 Modest Capex Requirements: The estimated capex
requirements for Phase 2 are modest. VXL aims to fund the
estimated $34m for Phase 2 through a combination of offtake,
contract factoring, royalty and debt finance. Previous expressions of
interest have been received to provide circa $30m in offtake capex
funding. The funding of Phase 2 is a key catalyst for VXL."

No Mention of issuing further shares and dilution but things might have changed.
fc