Probably fact, charl. The AFR has an article on it in Street Talk:
http://www.afr.com/p/opinion/tanami_gold_launches_rights_issue_6OkAvnB9TDmD680hCK48QO
"Tanami Gold launches rights issue"
5 shares for every 4 shares @ 20c, a 70% discount to the last traded price. Run by Patersons. Allied Property Resources, your 23.5% shareholder, is taking up its $15.3m entitlement, and sub-underwriting to $30m. The funding will be used to retire the fully drawn $50.6m loan with AF Finance, and for working capital.
Probably fact, charl. The AFR has an article on it in Street...
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