They wont necessarily use it.
Its just there so they can go forward with plans without having the money in the bank, then hopefully farmout at an opportune time for funding.
I wouldn't read much into it, positive or negative.
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$1.09 |
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1 | 25000 | 1.045 |
1 | 3108 | 1.025 |
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1 | 100000 | 1.015 |
Price($) | Vol. | No. |
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