RE: £13m raised at premiums17 Dec 2022 07:52
Yesterday $3million US was received at about £8.50 a share, shares issued on the 22nd.
The other $10million US is CONTRACTED to be received in about 45 days using a special vehicle which has to be set up hence the delay of 45 days. This $10million was raised at 1178p.
CLN funding is there as an option should it be needed.
The person who has agreed $10million would be aware of the 2nd funding options.
Their sweetner is warrants when the MCAP is HALF A BILLION US!!!!!!!!!! $500,000,000, 16.7 times the current MCAP. So imguessing that person is VERY confident that this is going places.
RS has delivered very close to what he said he would do. More negotiations ongoing.
So yesterday the company received $3million at about £8.50 a share. Let that sink in.