Proposed private placement offering of ordinary shares. The...

Proposed private placement offering of ordinary shares.
The Placement will be conducted pursuant to the Company’s available 15% placement capacity through the issue of up to 36,542,142 ordinary shares. The Company also intends to implement a share purchase plan (“SPP”) to enable existing shareholders in qualifying jurisdictions to subscribe for Elemental shares at the same price as the Placement.

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not the best news

30M shares to Pala, possibly, so they can average down to 80 cents a share?

6.5m to the shareholders?

i chose to hold ELM instead of LYC yesterday

possibly wrong choice