What finalisation are we waiting on? It seems pretty clear from...

What finalisation are we waiting on?

It seems pretty clear from the announcement in Feb that it was finalised?

Im confused, you say this new capital raising for further dilute and lower share price but now your saying its in relation to a previously known funding facility set up in Feb?



“I am extremely pleased that we have now finalised this Equity Funding Facility with Securities Vault.
The Facility is the same as “At The Market” or “ATM” facilities widely used in the USA by many
companies small and big, such as Denison Mines Corp and Hecla Mining Compny.

The Facility will allow us to access capital on an “as needs basis” so we can periodically fund our
initiatives in a structured and value accretive manner and only when we call on it. This structure also
provides a potentially less dilutive mechanism of accessing capital as we utilise drawdown to fund
specific value accretive initiatives and drive shareholder value.

“As we are currently progressing a number of resource estimations across our New England Fold Belt
Hub and Spoke Project Portfolio and about to kick off drilling in both the New England and Lachlan
Fold Belts, the funding provided by this Facility will allow us to accelerate these studies and our wider
initiatives as we continue to build towards creating a substantial silver-gold-base metal resource hub
with centralised processing functionality in the New England Fold Belt.”