Ann: App 4D - Dec 2009 Half-Year Report , page-5

Some have made a lot of money already on CXY even if the shares don't go any further.

All in report!!!!!!!
In relation to Australia, the following list of significant developments occurred during the half-year ended 31 December 2009:
(a) Cougar Energy Limited (?CXY?) received an additional $1,725,000 in funding from the exercising of 57,500,000 unlisted
vendor options at $0.03 per share, prior to their expiry on 06 October 2009.
(b) CXY also issued 100,500,000 listed fully paid ordinary shares at $0.0825 per share to institutional and sophisticated investors
in September 2009, raising a total of $8,291,250.
(c) In October 2009, CXY issued a further 100,606,061 listed fully paid ordinary shares at $0.0825 per share to existing
shareholders under a heavy over-subscribed share purchase plan. Proceeds from this issue were $8,300,000.