Dictionary, the announcement is as follows:
"The Company has also arranged standby funding through a
share placement agreement with the Australian Special Opportunity Fund, LP (“Fund”)in New York. This
arrangement allows the Company to place up to $2,750,000
of shares to the Fund in an initial tranche of $750,000, and, subject to its discretion, two subsequent tranches of
up to $1,000,000, over a two month period.
The Company will determine whether it will draw down future tranches in the light of progressively increasing weekly income (trending toward US$1.0 million per week by the
end of this month, and increasing thereafter)"
Please note that this is a "standby" funding and the 2 subsequent tranches of $1.0 million each (subject to PGI's discretion) may not be drawn down as the Company expects weekly income to increase "progressively".
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Dictionary, the announcement is as follows:"The Company has also...
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0.5¢ |
Change
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Mkt cap ! $7.307M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $61.31K | 12.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 16841985 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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View Market Depth
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26 | 18691985 | 0.004 |
43 | 38805072 | 0.003 |
28 | 45653536 | 0.002 |
9 | 21699950 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 5379793 | 7 |
0.006 | 4619222 | 7 |
0.007 | 5784260 | 5 |
0.008 | 7145000 | 7 |
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