I need to correct my last post. Under the terms of the mandate...

I need to correct my last post.

Under the terms of the mandate .." The company will seek shareholder approval , for the issue of shares to Creafin, upon Creafin providing evidence to the company that it has secured the necessary funding"

The next announcement will be to announce a GM for shareholders to approve the rights for Creafin & Associates to subscribe for shares in the company at one cent a share up to a maximum of 19.90% of the company's fully diluted share capital. If Creafin are to provide evidence that it has secured funding and we were to vote in favour of issuing them 19.90% then I doubt Creafin would let it collapse .

There wont be any re issuing of options or lining anyone's pockets if this deal falls over in my opinion , this is our last chance for funding and we must all vote in favour for the 19.90% as well as the 5% of the loan amount to Creafin. All in my opinion...

Regards
UG