Taking up allocation, page-30

"Participation in the SPP is optional and shares issued under the SPP will be fully paid ordinary shares and will rank equally with existing shares. The issue of shares under the SPP is not underwritten and will not require shareholder approval. The proceeds raised under the SPP will be used to fund early works and long lead items to enable the accelerated development of the Clean TeQ Sunrise Project which has the potential to fast track first production by approximately 12 months. "

http://clients3.weblink.com.au/pdf/CLQ/01962544.pdf