Not sure who Magna is but anyone willing to put in $2M into a junior shale explorer in this market has balls of steel, is plain dumb or has been sold a good story. I can't believe they got this money! I must say I am pleasantly surprised as I thought this was a straight loss and had written it off in my mind. Maybe there is light at the end of the tunnel and its not a freight train after all?
Ann: Secures $1.9 million funding package to drive growth, page-2
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