Ann: Successful Completion of $47M Share Placement, page-15

Welcome back, great to see you posting!

While there are a lot of complainers here I don't think most have any idea how difficult it is to raise $ in the current environment. Money is no longer cheap, the fact CTM managed to raise $47M so easily is a real positive, as is the fact there is no SPP to keep us down for 2 months. I'm thankful they didn't offer freebie options, which is what many other companies have been doing recently along with a discounted raise. Let's see how the new register looks and which Top 20 shareholders supported the raise.

As a shareholder, do I want a company I'm heavily invested in to stop drilling and growing the resource due to lack of $? Hell No.

Drilling isn't free, and the fact CTM holds the largest undeveloped nickel sulphide resource outside of a major is why I am invested here. That hasn't changed overnight, right?

CTM is now cashed up and has a very strong 12 months ahead, and I plan to enjoy the ride from here as I'm confident it'll be a very positive one.