It's related to the second component of the cap raise - to vote it over the line or not:
"Tranche 1: Placement of 147,739,402 shares @ $0.0035/share on 29 January 2025 amounting to$517,088.
Tranche 2: Subject to Shareholder approval by extraordinary general meeting (EGM), a resolutionfor placement of up to 280,832,026 shares @ $0.0035/share, amounting to $982,912is proposed."
They might need more than this Titanium news to get the resolution passed. I suspect we'll see some more ANN's this month.
It's related to the second component of the cap raise - to vote...
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