Ok thanks, just I read this on the Internet on abnnewswire...

Ok thanks, just I read this on the Internet on abnnewswire

Cobalt Blue has executed a binding term sheet with LGI to raise gross proceeds of US$6.0m with the transaction to be completed by Monday 16 April 2018, subject to the requirements of the ASX Listing Rules and Corporations Act 2001 (Cth). COB will issue shares at A$1.10 per share (representing a 15% premium to the 30-day VWAP of A$0.954) for the number of shares equivalent to the USD/AUD conversion on the day when the funds are received in COB's nominated bank account. A maximum of 14,000,000 shares may be issued, as approved on 25 January 2018 by COB's members.