"The funds raised from the Conditional Placement of 200,000,000...

"The funds raised from the Conditional Placement of 200,000,000 ordinary shares (at an issue price of $0.005 per share) are additional to the $2.1 million raised by way of the private placement (Placement) announced on 20 March 2018 ($3.1 Million Funding Secured to Advance Cobalt Acquisition Strategy).

Seems an awfully large discount !!!!!!!!!!!

CB