It is good to see that DGR is now off the hook to provide the...

It is good to see that DGR is now off the hook to provide the funding for the more mature kids.

ANW just announced a funding package by the Lind partners

ASX Announcement
Aus Tin Mining Limited (ASX:ANW)
20 April 2018
New $2.5M Funding Package to Advance Tin and Cobalt Projects
Highlights:
 New $2.5 million, 24 month Convertible Security Funding Agreement executed with a fixed
conversion price of $0.035 for the first 10 months.
 Fixed conversion price of $0.035 per share represents a 105 percent premium to the
Company’s 5‐day VWAP.
 Funds will be used to meet exploration, general corporate and working capital costs and is
anticipated to provide funding to production at Granville, pre‐construction activities at
Taronga and exploration at Mt Cobalt.
The Directors of Aus Tin Mining Limited (the Company) are pleased to announce that a new $2.5M
Convertible Security Funding Agreement (CSFA) has been executed with the Australian Special Opportunity
Fund L.P, a fund managed by The Lind Partners (together Lind). Having fully repaid the previous Lind facility
in January 2018, the Company is pleased to have secured improved terms, notably a fixed conversion price
of $0.035 per share for the first 10 months of the CSFA and representing a 105 percent premium to the
Company’s 5‐day VWAP. The Company will utilise the funds to meet exploration, general corporate and
working capital costs, and deliver Level 2 production at Granville, completion of pre‐construction activities
at Taronga and next stage exploration at Mt Cobalt.
The key terms of the CSFA are set out below, with further details provided in the attached Appendix 1:
 Total funding of $2.5 million. An initial amount of $1.5 million in cash is to be advanced to the Company
against the issue to Lind of a zero coupon convertible security with a face value of $1.8 million dollars.
The right of Lind to convert the face value of that security into shares (in accordance with the terms of
the CSFA) is subject to shareholder approval. If shareholder approval is not granted, then the face value
of that security is to be paid to Lind within 90 days of the execution of the CSFA. If shareholder approval
is granted, then a further $1.0 million in cash will be advanced to the Company against the issue to Lind
of an additional zero coupon convertible security with a face value of $1.2 million.
 For the first 10 months of the CSFA, Lind may elect to convert any outstanding amounts into ordinary
shares in Aus Tin Mining Limited at $0.035 per share. For months 11 to 24, Lind may convert any
outstanding amounts into ordinary shares in Aus Tin Mining Limited at the lesser of $0.035 per share
and 90% of the average of five (5) consecutive daily VWAPs, chosen by Lind from amongst the 20
trading days prior to conversion.