News on the INITIAL plans to develop medicinal canabis project back in Aug.
https://www.businessnewsaus.com.au/articles/ecs-botanics-unveils-plans-for-major-cannabis-growing-project.html
Stage 1 capital expenditure of $1.7m (majority of infrastructure)
Stage 2 & 3 total capital expenditure of $1.2m. So likely Raising $1.2M @ 4.5c ~26.6M extra shares.
ASX announcement 13/8/20
Funding for future stages (stages 2 & 3) will require a combination of other capital sources
of which may include strategic investors, government grants, secured debt, offtake and
project cash flows. Each of these is currently being investigated.
Ann: Trading Halt, page-80
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