TIH 0.00% 0.0¢ tillegrah limited

Equity investment, page-33

  1. 8,611 Posts.
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    so the funds used to invest in these equity investments were raised as a result of the CR to Lanstead I would have thought.

    equity investment would not be related to commercialisation of proppants, not Graphene related, and not working capital.
    Working capital for LWP would relate to w/c relating to the normal business of LWP. An investment in mining coys in Africa ain't part of LWP normal business activities.

    Resolution 6 - Approval to Issue Shares and Options to Lanstead Capital LP
    Pursuant to and in accordance with ASX Listing Rule 7.3, the following information is provided in
    relation to Resolution 6:
    (7) the Company intends to use the funds raised from the issue towards commercialization of its Proppant
    and Graphene technologiesand working capital.
 
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