Yeah I agree with you there. I haven't come across an announcement on funding like this before. I interpret it as they now have multiple avenues to acquire funding - people have approached them with offers, not the other way around.
- They are now going to take their time to work out what the best funding deal is for the company.
- They are close to commercialisation of some products.
- This will be faster achieved with more working capital.
So I read it as a positive. Sounds like they have multiple avenues to get to commercialisation faster.
GLTAH
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