News: LNY Laneway Resources Says Co To Undertake Capital Raising Of Up To $3 Million, page-4

Yes Towie. That's my first reaction, but, it's typical of them, they keep it in house, they have never done a public CR but, what they have raised has always been at a premium to the average SP and the C Notes are nearly double.
Those costs HAVE to be paid and the fact that they are doing this, IMO, is not to hold the cash in the bank.
THEY know where they are, but for some unknown reason, they are still treating it like a private company. And, let's not kid ourselves, it's not far from being that!!!

Very happy with that. Sadly, we might have to wait for the June QR for more details, but, there could be surprises, they've already got $860K and another $1 mil from the Directors, so, you never know.