Ann: Minbos Raises $3.4 Million to Progress the Cabinda Project, page-9

So the announcement says placement including the options potentially being excercised at 1c will raise appr. $7.2m. There are also another 300 thousand plus oppies that are to be excercised at 1c so that means another approx. $3m on top to potentially be included in funding. These guys have had to slog it out with the feet dragging of Angola's changes to mining law, along with the grind of the market in recent years. So if they can finally get some serious momentum into production then it makes for a nice story. I hope there JV partner an upfront and serious player, as opposed to the DRC guys. On that note, I actually hope they hold onto the DRC ground, and when they have enough clout in the future then they can hopefully have a better run at DRC (Tell the guy who wanted to buy it for a few hundred thousand to go jump). But that's in the future. Looking forward to this story playing out once and for all.