Ann: Disclosure under LR 7.1A.4(B) and 3.10.5A, page-8

They issued those within their placement facility limits to settle debts and/or pay for services provided to the company. My view is that's fine as it preserves the cash for funding activities that have to be paid for. I suspect at least part of those shares were issued to the parties that were the subject of resolutions 6(a) and 6(b) (total owing to them of US$450k) as those resolutions were voted down at the EGM, presumably due to the proposed issue price being 1.4c, hence the shares were issued to them at 1.8 instead.