Ann: Rights Issue Update, page-4

Seems like an update specifically to insinuate the directors "intend" to participate, the other points were covered in the original prospectus(es).

As posters have stated above, they "intended" to participate in the company transformation announcement and shareholders were mislead in my opinion, as they did not participate at all. And as I've pointed out, there is no record of the BoD ever participating in a capital raise or buying on market in the 10+ years of QBL/CGB.

Still no mention of @Basileus 's many expense reduction initiatives- calling in unsecured loans from related entities or a reduction in payments to related entities for "management services". I imagine that geologist fees could be put on hold as well given the current direction and focus of the company...