Ann: Trading Halt, page-2

Any colour on the capital raising? A little odd in terms of timing one would think.

Cash disclosed by the company in Feb being circa $7.2mil with another $2.9mil to be received by June from the 12.5c listed options expiry. The company isn't in any near term need for additional funding.

It will be interesting to see if the two recent substantial's participate to avoid dilution.

Why raise funds at the current market cap with pending drill results that in the words of the MD "These further AC drilling results have all but confirmed that we are closing in on a significant bedrock gold discovery at Seko"