notice in the ann where they say the likely funding is coming...

notice in the ann where they say the likely funding is coming from for this purchase from newcrest.
bye bye AGM shares.
cheers

Pre�]emptive Right and Timing
Newcrest is conducting a sale process for its 70% holding of the Cracow Gold Mine in
Queensland. Lion holds the other 30% and a pre�]emptive right which enables it to match any
accepted offer made for Newcrest�fs Cracow interest.
Lion is seeking to exercise its pre�]emptive right and anticipates the start of the pre�]emptive
process will commence in March provided Newcrest receives an acceptable offer. Lion will
then have sufficient time to exercise its pre�]emptive right. This considerable period is available
to Lion and could be viewed as a valuable gold price option in the current volatile gold market.
Cracow Financing
Lion has several alternatives to financing a potential purchase of 70% of Cracow:
I
Existing cash (approximately $70M) 􀀹
Sale of Investments (e.g. Allegiance) Likely
Debt Possible
3rd party finance Possible
New Lion Equity NO