RE:Apologies today to the SH BBoard here...ranted a bit..justRorS59, my understanding is that today's raise was done as a pre-requisite to a TSX listing. I have not had a chance to dig further into any resources explaining the process to shift from the V to the big show, but the original TSX NR indicated a raise would be required for that purpose. I think you might be comparing apples to oranges by characterizing today's raise as satisfying any "need" for funding with dilution etc. I could be wrong, but I think this was just a necessary evil, if it is indeed that negative, to satisfy a condition of transferring to the TSX. Someone suggested that this might not be diluting in any event, but I am not sure if that suggestion was accurate.