Ann: Issue of Additional Placement Securities, page-13

Yes I agree, but this is the inevitable outcome of a capital raising isn't it? Pretty obvious to me anyway.

What my post was talking about was the rational of a professional investor paying a significant premium to acquire a large number of shares via a capital raising rather than merely purchasing on market! Are you suggesting that it was just an altruistic action by a professional investor aimed at increasing the capital available to the company? Sort of like a 300k donation? I am not that naïve.

Still waiting for any other comments from OGX post readers who are capable of "thinking outside the box". Happy to be corrected re my assumptions as well!