More than was expected to be raised but good to see that the options will get their own ticker. Glad the options are also 1 for every 2 shares issued in the placement and not the other way round. We'll essentially raise a further $3.4m plus the broker options (also exercisable at 4c) when exercised.
Some clear language in here that they have no intention of developing Opuwo by themselves as well. Spin-off, sale or JV listed as options.
Ann: Celsius Completes A$3.4 Million Equity Raising, page-2
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