It's just the standard way CR's are done. Stock goes into halt,...

It's just the standard way CR's are done. Stock goes into halt, term sheet sent to brokers who shop it around to their clients and then a few days later, once it's filled the raise details are announced to the market and trading resumes. Knowing the details in advance just gives you a little extra time to consider what action you might take in response when trading resumes. Worst case, the stock goes into suspension for a day or two which usually indicates they're having trouble filling the raise - I'd think that's unlikely here given the large discount