If and when Trading Halt?, page-61

... and don't forget this to sustain the on going drilling programme ...

" SEG secures $1M in equity capital
SEG has just sewn up a deal with Acuity Capital Pty Ltd for a Controlled Placement Agreement (CPA), which will provide the company with $1M in equity capital over the coming 12 months.

Importantly, under the terms of the deal, SEG retains full control over the placement process and has sole discretion whether or not to utilise the CPA. There are also no break fees if SEG doesn’t use it –

... this effectively means SEG has a $1M war chest that could be tapped when it needs it. "

.. great job by management of SEG in securing this funding deal .... without the need to return to the market for funding for the immediate future ...

.