Ann: Toro announces Share Purchase Plan, page-11

SPP booklet says that if applications exceed 30% of the total number of shares on issue then the company can decide in its discretion to allocate less than the number of shares applied for. So assuming the cap is set at 30% (which it may not be, as the booklet does not say that it cannot be higher, but the company can decide to cap the issue at 30%), then the total shares that can be issued is 602,421,431 or, in dollar terms, $15,060,535.78 being raised.

One would expect that there needs to be an almighty great announcement about gold intersects or a serious turn in uranium prices between now and the 25 June closing date for all of those shares to be subscribed for.