Ann: Revised Placement to fund exploration, page-15

thought this was interesting:

Funds raised from tranche 2 of the Placement $1.078 million will be aggregated with the funds
raised from tranche 1 of the Placement ($667,047) and applied to fund exploration on the
Company’s projects, including the Edjudina Gold Project and the Victoria Bore Copper Project, as
well as for general working capital and to pay the costs of the Placement and anallocation to review
potential acquisitions.


So not for buying acquisitions, just to pay for the review of buying a potential acquisition.
hmmmmm.......