BLZ blaze minerals limited

I was looking at it with interest but did not understand this...

  1. 6,113 Posts.
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    I was looking at it with interest but did not understand this announcement and hence held back to check more.

    Currently it has 457m shares, another 110 to come in a month.

    So what is this 725m shares also to be issued in a month - is that payment for acquisition or some other form of placement? Any help, tia.


    https://hotcopper.com.au/data/attachments/5319/5319529-d97660f82249814b5351ef6a04d9bf7f.jpg

 
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