Ann: Indus executes Option Agreement to acquire IMD Gold Mines-IND.AX, page-4

Well this is bittersweet.

Considering I still have BOK sitting in my portfolio waiting to be written off. I was hoping this would be the acquisition. Hopefully they secure the Marda project - was why I was originally invested in SXG and BOK. For all holders who are planning to stay around, I recommend you read one of the presentations.
Hopefully the funding is better than the trail stone deal BOK signed up.

So by the sounds of it, IND will have around 300 mill shares in issue (market cap of 6) assuming no more shares are issued, along with the 1.5 cash it still has.