I don't have a clue how these things are done however I don't...

I don't have a clue how these things are done however I don't believe there is a typo.
The way I read it is the lead manager  Empire Equity have raised $2,500,000 exactly  by selling 62,500,000 3c shares with a 5c option thrown in for 4c to the clients of Cove Capital giving approx 9% dilution to existing shares rising to 18% on exercise of options.
62,500,00  = 62,263,422 from 7.1A  +  236,578 from 7.1
The rest of the shares placed at 3c (7,062,500) plus the extra 5,812,500 options went in payment to Empire I presume.
Whether this is a good or a bad ann. I will leave for others to comment on.
Hopefully my maths and/ or comprehension is better than than those who think  either nearly 2.8 mil  or  only 2 mil was raised.
P.S I did hold but sold to lower my risk /exposure .. may have to repeat mantra "live with no regrets"