When your Mkt Cap is $93m, and you can then raise $23m of C.A.S.H in this current market, you have to tip your hat to the deal makers running this company.
I dont' know whether this means a re-negotiation/cancellation of other deals will now occur (i.e: this funding replaces BR) but if it did, that would be further good news because it means "taking out" the royalty deals.
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Ann: $23M Placement to Strategic Investors , page-22
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