Ann: Section 708 Notice and Appendix 3B , page-3

"The Company raised $250,000 under the placement to an existing shareholder who is both a sophisticated investor and
a long term supporter of the Company. The new capital raised will be used to fund the Company’s existing exploration programs and for general working capital purposes."

I hope that means they'll hang on to them for a bit. At least it wasn't Citicorp/Fortrend this time.