They have a controlled Placement Agreement for this which has...

They have a controlled Placement Agreement for this which has favourable terms. at worst a 10% discount to VWAP but at a period of their choosing.

From the quarterly:


At the end of January 2019, the Company entered into a Controlled Placement Agreement (CPA) withAcuity Capital. The CPA provides GLN with up to $5 million of standby equity capital up to 31 December2020. Importantly, GLN retains full control of all aspects the placement process: having sole discretionas to whether or not to utilise the CPA, the quantum of issued shares, the minimum issue price of theshares and the timing of each placement tranche (if any). There are no requirements on GLN to utilisethe CPA and GLN may terminate the CPA at any time, without cost or penalty. Acuity Capital and theCPA do not place any restrictions at any time on GLN raising capital through other methods. If GLN doesdecide to utilise the CPA, GLN is able to set a floor price (at its sole discretion) and the final issue pricewill be calculated as the greater of that floor price set by GLN and a 10% discount to a Volume WeightedAverage Price (VWAP) over a period of GLN's choosing (again at the sole discretion of GLN)