how I read it is that if the unquoted options aren't converted to heads in the coming quarter - then they'll need to raise capital. Correct?
The unquoted options strike is .004c.
It would probably be in the company's interest then to get this share price well above that mark.
Might be a tough ask? Not sure if there's any earth shattering news due? Stand to be corrected of course. DYOR
IMO
Ann: Quarterly Activities and Cashflow Reports, page-7
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