Dexter
You are wrong. See para. 14 on page 10 of the SPP ann.
The Company entered into an Underwriting Agreement with Patersons Securities Limited, pursuant to which Patersons agreed to underwrite the SPP the SPP Offer to the extent of $12,900,000. Patersons will be remunerated for providing these services at market rates.
I don't see any reference to "conditional". If you have such a reference post it. If not, I assume you are just pulling it out of the air.
fizzer, page-59
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