HGV 0.00% 5.2¢ hygrovest limited

Ann: Appendix 4C - quarterly, page-69

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    the Company intends to use funds raised from the October Placement towards:
    (i) accelerating the Company’s entry into the Australian medical cannabis
    market;
    (ii) funding the costs of the October Placement; and
    (iii) funding the working capital expenditure of the Company and its subsidiaries
    in Europe, Canada and Israel.

    The $2m wasn't just for the Aussie market.
 
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