MDA 0.00% 5.2¢ modena resources limited

it traded, page-12

  1. 72 Posts.
    Resolution 6 of the general meeting concerns approval for shares to be issued to cover the conversion of the $2.3m(sorry, not 2.5m) loan. If they were intending to use the debt facility this wouldn't be there.

    On the other matter, $1.2m seems to be very disturbing for merely 'fees' for a loan, thats a sizable loan drawdown in itself...what is going on?
 
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