re: capital raising, page-2

re: capital raising ? A placement to HBIS of 6,250,000 shares, at an issue price of $0.40 per share, and the grant of that number of options that would, if exercised, result in HBIS owning 19.9% of the company?s issued share capital (as at the date of this announcement that number of options is 8,121,300) with each option being exercisable at $0.50 and expiring 24 months from the date of grant. The grant of the options is subject to shareholder approval


YS :)