CGB 0.00% 2.1¢ cann global limited

I found this from an announcement dated August 21, 2019 Cann...

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    I found this from an announcement dated August 21, 2019 Cann Global Limited, Pre Quotation Disclosure. Page 6.

    The Capital Raising represents the issue of 170,000,000 Shares at $0.035 per Share and 85,000,260 Options to raise $5.950 million. Transaction costs of $945,000 have been incurred, of which $814,000 will be expensed and $131,000 will be recognised against equity.

    Could this possibly be what the $131,000 was used for.
 
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Currently unlisted public company.

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