Ann: Appendix 3B, page-2

Did anyone look at the 3B released at 6:40pm?

25m shares issued to Acuity Capital for nil consideration? I get that this was as part of the previously announced controlled placement agreement but why is the consideration nil?
If it's a placement there should be a price and company should receive funds in return for issuing shares. Am I missing something?

I'm currently not a shareholder but if I did hold I would be on the phone to the company demanding clarification. Maybe it's a typo but where are the funds? To me this smells very bad.

And in case you are wondering about what Acuity will do with it's new free shares, well just watch the stock price in the next few days.