He/it was via a sub-underwriter.
The $1.25m raised was the minimum amount., so no surplus.
Money is money, but if it's JPMUK then that will give the raising more oomph I reckon.
If this money was not included in the $4.5m held as at 16/10 (see above) then when the net amount is added, the company will have about $5.68m in kitty.
So, off DHEMing and IPing we go - plus 'further drilling is required to test the tenure of mineralisation below WRDD003 and WDRC010 as well as to the north, focussing on the closure of the potential fold hinge (primary structural target).'
Ann: Auris Completes $1.25M Capital Raising, page-11
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