Ann: Classic secures $10 million to take Kat Gap to production, page-203

IMO:

There are questions to be asked about the $2M+ advance for Convertible Notes without shareholders approval prior to being ratified at the General Meeting, that's more than 50% of CN's being pre-sold!

None of this was disclosed to the CLZ shareholders via an announcement, there was no full disclosure by CLZ.

CLZ also need to state to shareholders why this happened, what was the purpose?

This is yet another example of the way "they" operate in the "background" just like "they" did with the Archean Resources fiasco!