Ann: Trading Halt, page-74

Looks like the funds will be used for investigating the Andes projects and 5 active rigs lighting up the columbian hills and the Mid cauca porphyry belt.

The funds raised via the Offer will be primarily applied to exploration at the Quinchia Project and Andes
Project in Colombia, including:
• increasing from three diamond rigs up to five active diamond rigs;
• calculation of a maiden Mineral Resource in respect the Tesorito South prospect;
• commencing initial metallurgical studies in respect of the Tesorito South prospect;
• completion of final submissions (EIA and Community consultation) in relation to Miraflores mining
approvals;
• geophysical studies and surface works at earlier-stage prospects within the Quinchia Project;
• surface work and geophysical surveys at key epithermal and porphyry targets within the Andes
Project, subject to the granting of applications on these titles;
• ongoing social programs; and
• working capital, including costs of the offer.