Running that logic GMN benefits from the funds... Makes sense...

Running that logic
GMN benefits from the funds... Makes sense for GMN .... Big tick
The investor buys now, but pays 25% above market price .... Doesn't make sense for the investor ... Big cross as he could have bought on market and paid less. The caveat being the investor might not get the volume at that price if people hold their shares tight.

So it seems the investor want a meaningful company stake and is prepared to provide the company with cashflow for the upside associated with use of that cash. In this future scenario the investor gets either:

1. if the share price rises above 5.5c: Great - everyone is happy. And this will be most likely if the upcoming drill results are good. So this is a bet on the drill program.
2. if the share price falls below 5.5c - let's use the 3c scenario: the investor can request to receive and pay for up to $2 million worth of additional shares (71 million at 3 cents) while keeping the original 36 million shares (now worth $1 million at 3c). So GMN potentially receives further future cash backing from a "friendly" investor.. good for GMN and good for existing shareholders as GMN is stabilised

If that logic is right I can't fault it from GMN or existing shareholder perspective...but it seems like an out and out bet on the company future from the investor's perspective... Any thoughts?