creat resources in reverse takeover, page-7

My take is that it doesn't mean Galaxy will be issuing any more shares to Creat only that which had already been agreed upon. Its says " Placing of up to 283,333,333 Placing Shares at 6 pence per share and Re-Admission to trading on AIM ". And because of size of the placement in comparison to the COmpany's share base it consituents being a reverse takeover under AIM listing rules for Creat.

The only thing of concern for me is that I assumed Creat had the money to pay for this $23m tranche whereas now i find out they are going to the market to raise the money.