wrxsti, The announcement dated April 13th 2006, refers to...

wrxsti,
The announcement dated April 13th 2006, refers to placing 100 million shares at .07 cents, thus raising $7 million.
The update released late last month still talks about raising $7 million but makes no reference to the issue price being increased. Hope your info is correct because that would either reduce the no. of shares being placed or significantly increase the amount of capital being raised.