There was a capital raise just 8 months ago which detailed the proposed capital use, "further geophysics and drilling at the Company’s East Tennant and Canobie District Copper-Gold projects"

Since then the company have added a new Managing Director role Dr David DeTata BSc MSc PhD (Chemistry) MBA GAICD. Dr DeTata is not new to the company having sat on the board since 2017.

There have also been a number of market sensitive announcement relatated to exploration updates across multiple site as well as what appears to be a win -  the acusition of Isa North Copper-Gold Project from Newcrest, in return for Newcrest retaining a First Right of Refusal to any future transaction on the project; a 1% Net Smelter Royalty (NSR) capped at 10 years of production and access to technical data concerning the project

At a glance, that sounds like a great deal. Why would Newcrest part with it is one question.

The biggger question is, the company has a current capital raise in the market for around 900k, howver, the offer indicates nothing regarding expenditure. What is the proposed use of the funds?