I believe that difference in CR issue relate to fact that TAS loan was converted into equity?
ie TAS (Noble) had a $1m loan out to EDE.
TAS subscribed for a share of R/I, and the Noble loan was repaid from the proceeds of the R/I.
So shares were issued to Noble/TAS, but the cash of $1m was probably just "netted-off'.
From memory, this process has occurred previously over the years.
TAS/Noble is a defacto banker to EDE.
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-29
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