In my opinion, this was a perfect strategic play by Rob.
Institutional support is very important and as far as instos go, there a few with a better reputation than Canaccord.
It was only a small amount of placed shares anyway and IMO, the benefit for having these guys onboard, far outweighs any disappointment we should have for not being offered the whole lot ourselves.
Ann: Completion of SPP, page-23
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