Not as bad as 0.6c which was mentioned by someone.
"Capital is also pleased to advise that it has successfully completed a Placement to raise $1,000,000 via the issue of 111 million Ordinary Shares in Capital at an issue price of 0.9c per share. The funds raised will be used to fund targeted exploration programs across the Company’s project portfolio and also for working capital. The Company would like to acknowledge the support of all investors who participated in the Placement."
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Ann: Cobalt Project Acquisition & Placement, page-4
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