trading halt into fourth day, page-3

Well I guess I no nothing... How bad is the last paragraph?

But I dont think these shares will be able to vote as they must be issued by tomorrow.

"CBio Limited (‘CBio’ or ‘Company’) (ASX: CBZ) is pleased to announce that, following strong demand
for the Company’s shares in the recent Rights Issue, it has successfully completed a placement to
clients of Zheng He Securities Pty Ltd (“Placement”),
The Placement raised approximately $2.3 million from the issue of 12.7 million new shares at $0.18 per
share (approximately 6% of the Company’s capital raising capacity under ASX Listing Rules).

The funds raised will be applied to drug formulation studies and increased drug manufacturing capacity
in order to undertake a larger Lupus trial than originally contemplated, as well as providing further
working capital.

The Placement is consistent with CBio’s history of taking advantage of all capital raising opportunities
and given the uncertainty in the global economy, the Board considered it prudent to proceed with the
Placement to provide CBio with a high degree of financial certainty and maximum flexibility going
forward."