Ann: AKP Successfully Completes Placement to raise A$10m, page-2

‘……Under the Placement, 227,388 shares (approximately A$3.2 million) are expected to settle on or around 30 August 2022, and issued on 31 August 2022. Additionally, 321,540 to 344,040 shares (approximately A$4.5 to 4.8 million), including 308,325 shares relating to Earth Mountain are expected to settle and be issued in late September 2022. Further, 142,858 – 165,358 shares (A$2 – 2.3 million) will be issued to 4F Investments Pty Limited, a company associated with Fred Bart, Chairman, subject to shareholder approval at a general meeting of the Company.’

A bit disappointing no opportunity for SHs to avoid further dilution….