Interesting. They're seeking approval for a special 10%...

Interesting.
They're seeking approval for a special 10% placement capacity which when added to the usual 15% limit, would allow them up to 25% in the following 12 month period without having to ask for further shareholder approval.

Perhaps giving themselves room to move quickly should they go ahead with the optional transaction with GB ??

Last paragraph on page 13 states:

"Further, if the Company is successful in acquiring new resources, assets or
investments, it is likely that the recipients under the 10% Placement Capacity will be
vendors of the new resources, assets or investments"

Is that a clue ?

I wouldnt be keen on a placement at the current 3c sp, especially at up to 25% discount of 15 days vwap.
The optimist in me would hope any CR is preceded by some stella newsflow and a much higher sp.