CXO 0.00% 9.4¢ core lithium ltd

Ann: Oversubscribed Share Purchase Plan Successfully Completed, page-5

  1. 3,567 Posts.
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    Well the good news is come July we will have some $11-$12mil in the bank

    but im confused...if you look at appendix in Ann 1/2/2019 we are told our remaining placement capacity is about 94.5mil. Nearly 84mil used in this SPP so should have about 10mil left, yet it says remaining capacity is about 192mil???

    As far as I know, this additional capacity isn’t due until the next agm which is November.

    can anyone clarify?

    as of last agm in November we had 634mil shares...right now we have 788 on issue after this SPP, and apparently have 192mil capacity left...that’s a 53% increase in shares since last November..is this even possible?

    if I’m correct this 192mil capacity won’t be available to us until after November’s agm...
 
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