Ann: TNC announces $5M institutional placement, page-55

This stock only came on my radar recently and I've been looking into it a little bit and yes I will continue to do my own research,but I sold out of a stock today that will probably continue to climb,but I got my money back after two years of being down,so I sold out of frustration with that stock,so I have some coin there ready to invest. I don't see a heap of downrampiing going on,on this stock on the HotCopper threads,which I see as a positive,just some concerns over the validity of the latest funding deal maybe. But to buy in around these prices,what should I be wary of with this company if it should be a near term producer?...tia