Ann: $10M Equity Line of Credit Agreement , page-6

I see several positiv es out of this announcement:-

a) FOREMOST it shows that financing these UCG projects is going to be relatively easy
b) as the payment is in the form of the weihghted volume traded the dilution aint going to be great
c) the financier is US based . . . gives another fillip to CXY's international focus.

Don't think any other way . . . this is both clever and good news.