M4M 3.45% 3.0¢ macro metals limited

Ann: Clarification Statement - Agbaja Project , page-4

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    The $970k from the SPP does not include the $600k that Burston and Carroll put in via the preceeding placement, which raised $1.22m (though I note three directors chipped-in a total of $40k into the SPP).

    In total, they raised $2.2m, enough to get the Scoping (PF) Study completed by next March.

    Yes, there's been a flurry of announcements of late (since Iggy Tan joined the Co), all of which are vital pieces that fit into completing the Study. I would expect quite a few more plus the JORC upgrade (to Indicated) by end of quarter.
 
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